American Beacon AHL Trend ETF (NYSEARCA:AHLT) Short Interest Up 25.0% in January

American Beacon AHL Trend ETF (NYSEARCA:AHLT) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 29,656 shares, a growth of 25.0% from the January 15th total of 23,732 shares. Based on an average trading volume of 22,239 shares, the short-interest ratio is presently 1.3 days. Currently, 1.7% of the shares of the company are short sold. Currently, 1.7% of the shares of the company are short sold. Based on an average trading volume of 22,239 shares, the short-interest ratio is presently 1.3 days.

American Beacon AHL Trend ETF Stock Down 0.5%

NYSEARCA:AHLT opened at $28.20 on Wednesday. American Beacon AHL Trend ETF has a 52 week low of $21.17 and a 52 week high of $30.53. The firm’s 50-day simple moving average is $27.65 and its 200 day simple moving average is $25.39.

Hedge Funds Weigh In On American Beacon AHL Trend ETF

Hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new stake in shares of American Beacon AHL Trend ETF during the 4th quarter worth $314,000. Pursuit Wealth Management LLC bought a new stake in American Beacon AHL Trend ETF during the fourth quarter worth about $1,212,000. Abbington Investment Group grew its stake in American Beacon AHL Trend ETF by 16.7% during the fourth quarter. Abbington Investment Group now owns 502,556 shares of the company’s stock worth $13,236,000 after buying an additional 72,043 shares in the last quarter. Comerica Bank increased its holdings in American Beacon AHL Trend ETF by 53.4% in the 3rd quarter. Comerica Bank now owns 7,489 shares of the company’s stock valued at $182,000 after buying an additional 2,608 shares during the period. Finally, Your Advocates Ltd. LLP raised its position in shares of American Beacon AHL Trend ETF by 141.1% in the 3rd quarter. Your Advocates Ltd. LLP now owns 28,185 shares of the company’s stock valued at $686,000 after buying an additional 16,497 shares in the last quarter.

American Beacon AHL Trend ETF Company Profile

The American Beacon AHL Trend ETF (AHLT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks capital growth through a systematic, trend-following, managed futures strategy. Using technical analysis, the fund actively manages a wide range of derivatives linked to commodities, stocks indexes, currencies, bonds and interest rates. AHLT was launched on Aug 30, 2023 and is issued by American Beacon.