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

American Century Select High Yield ETF (NYSEARCA:AHYB) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 2,250 shares, a growth of 692.3% from the November 30th total of 284 shares. Based on an average daily trading volume, of 1,892 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,892 shares, the days-to-cover ratio is currently 1.2 days.

American Century Select High Yield ETF Stock Performance

AHYB traded up $0.07 on Thursday, hitting $46.67. The company had a trading volume of 1,083 shares, compared to its average volume of 3,605. The stock has a fifty day simple moving average of $46.63 and a 200-day simple moving average of $46.55. American Century Select High Yield ETF has a 52-week low of $43.55 and a 52-week high of $47.06.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AHYB. AE Wealth Management LLC increased its position in shares of American Century Select High Yield ETF by 34.6% during the 2nd quarter. AE Wealth Management LLC now owns 7,440 shares of the company’s stock valued at $347,000 after purchasing an additional 1,913 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in American Century Select High Yield ETF by 0.9% in the second quarter. Envestnet Asset Management Inc. now owns 605,592 shares of the company’s stock worth $28,242,000 after buying an additional 5,382 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in American Century Select High Yield ETF during the second quarter worth $298,000.

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.