AB Ultra Short Income ETF (NYSEARCA:YEAR) Short Interest Update

AB Ultra Short Income ETF (NYSEARCA:YEAR) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 36,100 shares, an increase of 79.6% from the September 30th total of 20,100 shares. Based on an average daily volume of 234,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 234,000 shares, the short-interest ratio is presently 0.2 days.

AB Ultra Short Income ETF Trading Up 0.1%

Shares of YEAR opened at $50.68 on Friday. AB Ultra Short Income ETF has a 12-month low of $50.10 and a 12-month high of $50.82. The business’s fifty day moving average is $50.63 and its 200 day moving average is $50.56.

Hedge Funds Weigh In On AB Ultra Short Income ETF

A number of large investors have recently modified their holdings of YEAR. PMG Wealth Management Inc. raised its position in AB Ultra Short Income ETF by 0.4% in the 3rd quarter. PMG Wealth Management Inc. now owns 77,553 shares of the company’s stock valued at $3,919,000 after buying an additional 304 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of AB Ultra Short Income ETF by 2.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 15,198 shares of the company’s stock worth $770,000 after acquiring an additional 327 shares in the last quarter. Leavell Investment Management Inc. grew its stake in shares of AB Ultra Short Income ETF by 5.0% in the 3rd quarter. Leavell Investment Management Inc. now owns 9,794 shares of the company’s stock worth $496,000 after acquiring an additional 464 shares in the last quarter. Cozad Asset Management Inc. grew its stake in shares of AB Ultra Short Income ETF by 4.4% in the 2nd quarter. Cozad Asset Management Inc. now owns 17,318 shares of the company’s stock worth $877,000 after acquiring an additional 726 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of AB Ultra Short Income ETF by 3.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 27,917 shares of the company’s stock worth $1,408,000 after acquiring an additional 954 shares in the last quarter.

About AB Ultra Short Income ETF

The Ab Ultra Short Income ETF (YEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides exposure to government and corporate ultra-short-term bonds from the United States. The fund seeks to maintain a dollar-weighted average duration of less than one year.