AB Ultra Short Income ETF (NYSEARCA:YEAR) Short Interest Update

AB Ultra Short Income ETF (NYSEARCA:YEAR) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 51,357 shares, an increase of 150.6% from the December 15th total of 20,490 shares. Based on an average trading volume of 195,426 shares, the short-interest ratio is currently 0.3 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 trading volume of 195,426 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of YEAR. Osaic Holdings Inc. increased its holdings in AB Ultra Short Income ETF by 29.2% in the 2nd quarter. Osaic Holdings Inc. now owns 221,518 shares of the company’s stock worth $11,225,000 after acquiring an additional 50,047 shares in the last quarter. Cetera Investment Advisers bought a new position in AB Ultra Short Income ETF in the 2nd quarter valued at $902,000. Greenwood Capital Associates LLC purchased a new position in shares of AB Ultra Short Income ETF during the third quarter worth approximately $501,000. Wedbush Securities Inc. purchased a new stake in shares of AB Ultra Short Income ETF in the 2nd quarter worth approximately $17,840,000. Finally, BOS Asset Management LLC boosted its holdings in shares of AB Ultra Short Income ETF by 8.6% in the 3rd quarter. BOS Asset Management LLC now owns 900,406 shares of the company’s stock valued at $45,628,000 after buying an additional 71,540 shares in the last quarter.

AB Ultra Short Income ETF Stock Performance

YEAR stock remained flat at $50.53 during midday trading on Thursday. The company’s stock had a trading volume of 130,533 shares, compared to its average volume of 213,973. The stock’s 50 day moving average is $50.58 and its two-hundred day moving average is $50.58. AB Ultra Short Income ETF has a 52-week low of $50.10 and a 52-week high of $50.82.

About AB Ultra Short Income ETF

The Ab Ultra Short Income ETF (YEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides exposure to government and corporate ultra-short-term bonds from the United States. The fund seeks to maintain a dollar-weighted average duration of less than one year. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.