American Beacon AHL Trend ETF (NYSEARCA:AHLT – Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 4,570 shares, a drop of 60.9% from the August 15th total of 11,681 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 3,832 shares, the short-interest ratio is presently 1.2 days.
American Beacon AHL Trend ETF Stock Up 0.2%
Shares of American Beacon AHL Trend ETF stock traded up $0.07 during trading on Tuesday, reaching $30.39. The company’s stock had a trading volume of 1,403 shares, compared to its average volume of 32,470. The company has a 50-day simple moving average of $29.22 and a two-hundred day simple moving average of $28.97. American Beacon AHL Trend ETF has a 1-year low of $23.15 and a 1-year high of $30.53.
Institutional Trading of American Beacon AHL Trend ETF
Several large investors have recently added to or reduced their stakes in AHLT. Fifth Third Bancorp acquired a new stake in shares of American Beacon AHL Trend ETF in the first quarter worth $215,000. Essential Partners LLC lifted its holdings in shares of American Beacon AHL Trend ETF by 2.2% in the 1st quarter. Essential Partners LLC now owns 17,746 shares of the company’s stock valued at $501,000 after buying an additional 383 shares during the period. Your Advocates Ltd. LLP boosted its stake in shares of American Beacon AHL Trend ETF by 28.0% in the first quarter. Your Advocates Ltd. LLP now owns 27,588 shares of the company’s stock worth $780,000 after buying an additional 6,028 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its holdings in American Beacon AHL Trend ETF by 7.4% during the second quarter. Dynamic Advisor Solutions LLC now owns 29,007 shares of the company’s stock worth $838,000 after acquiring an additional 1,989 shares during the period.
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.
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