American Century Focused Large Cap Value ETF (NYSEARCA:FLV) Stock Short Interest Climbs 77.7%

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 4,246 shares, an increase of 77.7% from the September 15th total of 2,390 shares. Based on an average daily trading volume, of 9,885 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

American Century Focused Large Cap Value ETF Stock Up 1.2%

Shares of FLV stock traded up $0.97 on Thursday, reaching $85.59. The company’s stock had a trading volume of 2,480 shares, compared to its average volume of 11,568. American Century Focused Large Cap Value ETF has a 12-month low of $72.39 and a 12-month high of $88.25. The stock’s 50 day simple moving average is $85.55 and its 200-day simple moving average is $82.52. The company has a market capitalization of $384.32 million, a P/E ratio of 19.58 and a beta of 0.61.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in American Century Focused Large Cap Value ETF by 230.0% in the 1st quarter. Royal Bank of Canada now owns 1,881 shares of the company’s stock worth $144,000 after buying an additional 1,311 shares during the last quarter. Legacy Wealth Partners LLC lifted its position in American Century Focused Large Cap Value ETF by 5.0% in the first quarter. Legacy Wealth Partners LLC now owns 3,658 shares of the company’s stock valued at $281,000 after purchasing an additional 173 shares during the last quarter. Cetera Investment Advisers boosted its position in American Century Focused Large Cap Value ETF by 27.5% during the 1st quarter. Cetera Investment Advisers now owns 4,846 shares of the company’s stock valued at $372,000 after buying an additional 1,046 shares during the period. Allen Capital Group LLC grew its stake in shares of American Century Focused Large Cap Value ETF by 4.9% in the first quarter. Allen Capital Group LLC now owns 18,803 shares of the company’s stock worth $1,442,000 after purchasing an additional 872 shares during the last quarter. Finally, Citadel Advisors LLC increased its stake in shares of American Century Focused Large Cap Value ETF by 931.9% during the second quarter. Citadel Advisors LLC now owns 51,645 shares of the company’s stock valued at $4,199,000 after buying an additional 46,640 shares during the period.

American Century Focused Large Cap Value ETF Company Profile

The American Century Focused Large Cap Value ETF (FLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in a narrow selection of US large-cap value companies. The fund utilizes the Precidian non-transparent model. FLV was launched on Mar 31, 2020 and is issued by American Century Investments.