American Century U.S. Quality Value ETF (NYSEARCA:VALQ) Short Interest Down 63.4% in May

American Century U.S. Quality Value ETF (NYSEARCA:VALQGet Free Report) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 17,456 shares, a decline of 63.4% from the April 30th total of 47,714 shares. Based on an average daily volume of 6,699 shares, the days-to-cover ratio is presently 2.6 days. Approximately 0.4% of the shares of the stock are short sold.

American Century U.S. Quality Value ETF Stock Performance

Shares of VALQ stock opened at $69.51 on Friday. American Century U.S. Quality Value ETF has a 52 week low of $60.19 and a 52 week high of $70.07. The stock has a market capitalization of $319.75 million, a PE ratio of 17.16 and a beta of 0.81. The stock’s fifty day moving average is $66.25 and its 200-day moving average is $66.79.

Institutional Investors Weigh In On American Century U.S. Quality Value ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its position in American Century U.S. Quality Value ETF by 18.6% in the 1st quarter. Royal Bank of Canada now owns 6,626 shares of the company’s stock valued at $431,000 after acquiring an additional 1,039 shares in the last quarter. Beam Wealth Advisors Inc. acquired a new position in shares of American Century U.S. Quality Value ETF during the first quarter worth approximately $735,000. Rubicon Advisors GP acquired a new position in shares of American Century U.S. Quality Value ETF during the fourth quarter worth approximately $340,000. Osaic Holdings Inc. grew its stake in shares of American Century U.S. Quality Value ETF by 26.8% during the fourth quarter. Osaic Holdings Inc. now owns 15,334 shares of the company’s stock valued at $1,014,000 after purchasing an additional 3,238 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of 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 purchasing an additional 15,808 shares during the last quarter.

About American Century U.S. Quality Value ETF

(Get Free Report)

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.

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