American Century Multisector Floating Income ETF (NYSEARCA:FUSI) Stock Short Interest Declines 78.9%

American Century Multisector Floating Income ETF (NYSEARCA:FUSI) was the target of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 6,655 shares, a decline of 78.9% from the October 15th total of 31,572 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 19,975 shares, the days-to-cover ratio is currently 0.3 days.

American Century Multisector Floating Income ETF Trading Up 0.0%

NYSEARCA:FUSI traded up $0.02 during trading hours on Friday, reaching $50.40. The company had a trading volume of 10,793 shares, compared to its average volume of 10,214. The business’s 50 day moving average price is $50.46 and its 200-day moving average price is $50.46. American Century Multisector Floating Income ETF has a 1-year low of $50.10 and a 1-year high of $50.80.

Hedge Funds Weigh In On American Century Multisector Floating Income ETF

A number of large investors have recently bought and sold shares of the business. NFSG Corp purchased a new position in shares of American Century Multisector Floating Income ETF during the 3rd quarter valued at approximately $55,000. Worth Asset Management LLC purchased a new stake in American Century Multisector Floating Income ETF during the 3rd quarter valued at about $233,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of American Century Multisector Floating Income ETF in the second quarter valued at approximately $251,000. Finally, Weaver Consulting Group increased its stake in shares of American Century Multisector Floating Income ETF by 5.4% in the 3rd quarter. Weaver Consulting Group now owns 40,397 shares of the company’s stock worth $2,039,000 after acquiring an additional 2,076 shares during the last quarter.

About American Century Multisector Floating Income ETF

The American Century Multisector Floating Income ETF (FUSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a global bond portfolio of primarily investment grade, floating rate securities. FUSI was launched on Mar 14, 2023 and is managed by American Century Investments.