American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Short Interest Down 50.0% in June

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 15,344 shares, a decline of 50.0% from the May 31st total of 30,669 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 36,429 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of American Century Diversified Municipal Bond ETF

Hedge funds have recently modified their holdings of the stock. Orion Porfolio Solutions LLC grew its stake in shares of American Century Diversified Municipal Bond ETF by 926.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 394,034 shares of the company’s stock worth $19,280,000 after purchasing an additional 355,659 shares during the period. Jane Street Group LLC lifted its holdings in American Century Diversified Municipal Bond ETF by 477.4% during the second quarter. Jane Street Group LLC now owns 319,153 shares of the company’s stock valued at $15,616,000 after purchasing an additional 263,876 shares in the last quarter. Pursuit Wealth Management LLC purchased a new position in American Century Diversified Municipal Bond ETF during the fourth quarter valued at $4,108,000. Ameriprise Financial Inc. purchased a new position in American Century Diversified Municipal Bond ETF during the third quarter valued at $2,778,000. Finally, NewEdge Advisors LLC grew its position in shares of American Century Diversified Municipal Bond ETF by 93.9% in the first quarter. NewEdge Advisors LLC now owns 106,977 shares of the company’s stock valued at $5,354,000 after purchasing an additional 51,799 shares during the period.

American Century Diversified Municipal Bond ETF Stock Up 0.0%

Shares of TAXF stock traded up $0.02 during mid-day trading on Thursday, reaching $50.89. The stock had a trading volume of 31,212 shares, compared to its average volume of 52,092. American Century Diversified Municipal Bond ETF has a 1-year low of $48.34 and a 1-year high of $51.42. The business’s fifty day moving average is $50.50 and its 200-day moving average is $50.56.

American Century Diversified Municipal Bond ETF Company Profile

The American Century Diversified Municipal Bond ETF (TAXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds. The fund seeks current income that is exempt from federal taxes. TAXF was launched on Sep 10, 2018 and is managed by American Century Investments.