Short Interest in American Century Select High Yield ETF (NYSEARCA:AHYB) Rises By 692.3%

American Century Select High Yield ETF (NYSEARCA:AHYB) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,250 shares, an increase of 692.3% from the November 30th total of 284 shares. Based on an average daily volume of 1,892 shares, the short-interest ratio is presently 1.2 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 1,892 shares, the short-interest ratio is presently 1.2 days.

Institutional Trading of American Century Select High Yield ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. grew its holdings in shares of American Century Select High Yield ETF by 0.9% during the second quarter. Envestnet Asset Management Inc. now owns 605,592 shares of the company’s stock worth $28,242,000 after purchasing an additional 5,382 shares in the last quarter. AE Wealth Management LLC lifted its position in American Century Select High Yield ETF by 34.6% during the second quarter. AE Wealth Management LLC now owns 7,440 shares of the company’s stock valued at $347,000 after purchasing an additional 1,913 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in American Century Select High Yield ETF in the 2nd quarter worth approximately $298,000.

American Century Select High Yield ETF Stock Up 0.2%

Shares of AHYB traded up $0.07 during mid-day trading on Wednesday, reaching $46.67. 1,083 shares of the stock traded hands, compared to its average volume of 3,605. American Century Select High Yield ETF has a 1 year low of $43.55 and a 1 year high of $47.06. The firm has a fifty day moving average price of $46.63 and a 200 day moving average price of $46.55.

About American Century Select High Yield ETF

The American Century Select High Yield ETF (AHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed portfolio of high-yield corporate bonds with typically 3 to 10 years maturity. AHYB was launched on Nov 16, 2021 and is managed by American Century Investments.