American Century Large Cap Equity ETF (NYSEARCA:ACLC) Short Interest Up 1,252.8% in May

American Century Large Cap Equity ETF (NYSEARCA:ACLC) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 11,783 shares, a growth of 1,252.8% from the April 30th total of 871 shares. Based on an average daily volume of 8,429 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.3% of the company’s shares are short sold.

American Century Large Cap Equity ETF Trading Down 0.1%

Shares of ACLC opened at $83.99 on Thursday. The stock has a market cap of $309.08 million, a P/E ratio of 25.61 and a beta of 1.03. American Century Large Cap Equity ETF has a 1 year low of $68.57 and a 1 year high of $84.19. The stock’s 50-day moving average price is $79.11 and its two-hundred day moving average price is $78.65.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in American Century Large Cap Equity ETF by 22.9% in the third quarter. Envestnet Asset Management Inc. now owns 2,711,161 shares of the company’s stock worth $209,362,000 after purchasing an additional 505,119 shares during the period. Pursuit Wealth Management LLC bought a new stake in shares of American Century Large Cap Equity ETF in the 4th quarter valued at $3,444,000. MML Investors Services LLC bought a new stake in shares of American Century Large Cap Equity ETF in the 2nd quarter valued at $562,000. Focus Partners Wealth raised its stake in American Century Large Cap Equity ETF by 2.6% during the 3rd quarter. Focus Partners Wealth now owns 300,608 shares of the company’s stock worth $23,214,000 after buying an additional 7,657 shares during the period. Finally, Fifth Third Bancorp acquired a new stake in American Century Large Cap Equity ETF during the 1st quarter worth $515,000.

American Century Large Cap Equity ETF Company Profile

The American Century Large Cap Equity ETF (ACLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent fund of US companies that are screened by a combination of fundamental measures and ESG metrics. The fund utilizes the Natixis/NYSE non-transparent model. ACLC was launched on Jul 13, 2020 and is issued by American Century Investments.