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

American Century Select High Yield ETF (NYSEARCA:AHYB) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,224 shares, a drop of 62.5% from the August 15th total of 5,932 shares. Based on an average daily volume of 2,610 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Trading of American Century Select High Yield ETF

Hedge funds have recently added to or reduced their stakes in the business. Networth Advisors LLC grew its stake in shares of American Century Select High Yield ETF by 6.1% in the first quarter. Networth Advisors LLC now owns 48,958 shares of the company’s stock worth $2,255,000 after purchasing an additional 2,794 shares in the last quarter. MML Investors Services LLC raised its stake in shares of American Century Select High Yield ETF by 8.0% during the fourth quarter. MML Investors Services LLC now owns 8,232 shares of the company’s stock valued at $385,000 after purchasing an additional 613 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of American Century Select High Yield ETF by 10,352.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,630 shares of the company’s stock valued at $357,000 after purchasing an additional 7,557 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new stake in American Century Select High Yield ETF in the fourth quarter worth about $60,000. Finally, Jane Street Group LLC acquired a new stake in American Century Select High Yield ETF in the second quarter worth about $298,000.

American Century Select High Yield ETF Stock Performance

Shares of AHYB traded up $0.03 during mid-day trading on Monday, reaching $45.51. 1,932 shares of the company’s stock traded hands, compared to its average volume of 2,770. The business’s 50-day moving average price is $45.95 and its 200-day moving average price is $46.16. American Century Select High Yield ETF has a 12 month low of $45.40 and a 12 month high of $47.06.

American Century Select High Yield ETF Company Profile

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.