American Century Select High Yield ETF (NYSEARCA:AHYB) Short Interest Update

American Century Select High Yield ETF (NYSEARCA:AHYB) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 2,621 shares, an increase of 186.4% from the January 29th total of 915 shares. Based on an average daily trading volume, of 2,941 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 2,941 shares, the short-interest ratio is currently 0.9 days.

American Century Select High Yield ETF Trading Down 0.2%

Shares of NYSEARCA AHYB traded down $0.09 during trading on Friday, reaching $46.79. The stock had a trading volume of 1,033 shares, compared to its average volume of 2,478. American Century Select High Yield ETF has a fifty-two week low of $43.55 and a fifty-two week high of $47.06. The business’s 50-day moving average price is $46.82 and its 200-day moving average price is $46.72.

American Century Select High Yield ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were paid a dividend of $0.249 per share. This represents a c) dividend on an annualized basis and a yield of 6.4%. This is a boost from American Century Select High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date was Thursday, February 5th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. increased its position in shares of American Century Select High Yield ETF by 0.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 605,592 shares of the company’s stock valued at $28,242,000 after purchasing an additional 5,382 shares during the last quarter. AE Wealth Management LLC grew its stake in shares of 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 worth $347,000 after purchasing an additional 1,913 shares in the last quarter. Jane Street Group LLC purchased a new position in American Century Select High Yield ETF in the second quarter valued at $298,000. Networth Advisors LLC purchased a new position in American Century Select High Yield ETF in the fourth quarter valued at $2,158,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in American Century Select High Yield ETF in the fourth quarter valued at $60,000.

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.