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

American Century Select High Yield ETF (NYSEARCA:AHYB) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 5,932 shares, an increase of 120.6% from the July 30th total of 2,689 shares. Based on an average daily volume of 4,326 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.4% of the shares of the company are sold short.

American Century Select High Yield ETF Stock Performance

NYSEARCA:AHYB opened at $45.99 on Monday. The firm’s fifty day moving average price is $46.05 and its two-hundred day moving average price is $46.23. American Century Select High Yield ETF has a one year low of $45.54 and a one year high of $47.06.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of AHYB. Lloyd Advisory Services LLC. acquired a new stake in American Century Select High Yield ETF during the fourth quarter worth approximately $60,000. Jane Street Group LLC bought a new stake in American Century Select High Yield ETF in the 2nd quarter valued at $298,000. Northwestern Mutual Wealth Management Co. grew its holdings in American Century Select High Yield ETF by 10,352.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,630 shares of the company’s stock valued at $357,000 after buying an additional 7,557 shares in the last quarter. MML Investors Services LLC grew its holdings in American Century Select High Yield ETF by 8.0% in the 4th quarter. MML Investors Services LLC now owns 8,232 shares of the company’s stock valued at $385,000 after buying an additional 613 shares in the last quarter. Finally, Networth Advisors LLC increased its position in American Century Select High Yield ETF by 6.1% during the 1st quarter. Networth Advisors LLC now owns 48,958 shares of the company’s stock worth $2,255,000 after buying an additional 2,794 shares during the period.

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.