American Beacon AHL Trend ETF (NYSEARCA:AHLT) Short Interest Update

American Beacon AHL Trend ETF (NYSEARCA:AHLT) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 23,732 shares, a growth of 444.7% from the December 31st total of 4,357 shares. Approximately 1.3% of the shares of the company are short sold. Based on an average daily trading volume, of 17,232 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily trading volume, of 17,232 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.3% of the shares of the company are short sold.

American Beacon AHL Trend ETF Price Performance

Shares of NYSEARCA:AHLT traded up $0.15 during midday trading on Thursday, reaching $29.73. 18,870 shares of the company’s stock were exchanged, compared to its average volume of 19,330. The company’s 50 day simple moving average is $26.80 and its two-hundred day simple moving average is $24.78. American Beacon AHL Trend ETF has a 12 month low of $21.17 and a 12 month high of $30.53.

Institutional Investors Weigh In On American Beacon AHL Trend ETF

Several large investors have recently modified their holdings of the stock. Pursuit Wealth Management LLC bought a new position in shares of American Beacon AHL Trend ETF during the 4th quarter worth approximately $1,212,000. Abbington Investment Group grew its position in American Beacon AHL Trend ETF by 16.7% in the fourth quarter. Abbington Investment Group now owns 502,556 shares of the company’s stock valued at $13,236,000 after acquiring an additional 72,043 shares during the period. Comerica Bank raised its stake in American Beacon AHL Trend ETF by 53.4% during the third quarter. Comerica Bank now owns 7,489 shares of the company’s stock worth $182,000 after acquiring an additional 2,608 shares in the last quarter. Your Advocates Ltd. LLP lifted its holdings in shares of American Beacon AHL Trend ETF by 141.1% during the third quarter. Your Advocates Ltd. LLP now owns 28,185 shares of the company’s stock valued at $686,000 after acquiring an additional 16,497 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of American Beacon AHL Trend ETF in the 2nd quarter valued at $379,000.

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.