American Century U.S. Quality Value ETF (NYSEARCA:VALQ) Sees Large Growth in Short Interest

American Century U.S. Quality Value ETF (NYSEARCA:VALQ) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 7,507 shares, an increase of 1,257.5% from the July 30th total of 553 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 4,231 shares, the days-to-cover ratio is presently 1.8 days.

American Century U.S. Quality Value ETF Stock Down 0.1%

Shares of American Century U.S. Quality Value ETF stock traded down $0.07 on Wednesday, hitting $72.70. The stock had a trading volume of 141 shares, compared to its average volume of 11,365. The stock has a market cap of $343.14 million, a price-to-earnings ratio of 17.16 and a beta of 0.81. American Century U.S. Quality Value ETF has a twelve month low of $62.30 and a twelve month high of $73.17. The business’s 50 day moving average is $70.21 and its two-hundred day moving average is $68.31.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VALQ. Ameritas Advisory Services LLC bought a new stake in shares of American Century U.S. Quality Value ETF in the 4th quarter worth $3,239,000. Private Advisor Group LLC lifted its position in American Century U.S. Quality Value ETF by 2.7% during the fourth quarter. Private Advisor Group LLC now owns 606,170 shares of the company’s stock valued at $40,092,000 after buying an additional 15,808 shares during the period. Beam Wealth Advisors Inc. purchased a new position in American Century U.S. Quality Value ETF during the 1st quarter valued at about $735,000. Two Sigma Investments LP purchased a new position in American Century U.S. Quality Value ETF during the 3rd quarter valued at about $670,000. Finally, Raymond James Financial Inc. boosted its stake in American Century U.S. Quality Value ETF by 422.4% during the third quarter. Raymond James Financial Inc. now owns 11,111 shares of the company’s stock worth $716,000 after acquiring an additional 8,984 shares in the last quarter.

American Century U.S. Quality Value ETF Company Profile

The American Century STOXX U.S. Quality Value ETF (VALQ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US companies that are selected and weighted based on value and income characteristics. VALQ was launched on Jan 11, 2018 and is managed by American Century Investments.