AB Ultra Short Income ETF (NYSEARCA:YEAR) Short Interest Up 150.6% in December

AB Ultra Short Income ETF (NYSEARCA:YEAR) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 51,357 shares, an increase of 150.6% from the December 15th total of 20,490 shares. Based on an average trading volume of 195,426 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 195,426 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Alliancebernstein L.P. boosted its position in AB Ultra Short Income ETF by 8.6% in the 2nd quarter. Alliancebernstein L.P. now owns 15,007,157 shares of the company’s stock valued at $760,263,000 after buying an additional 1,183,032 shares during the last quarter. Wagner Wealth Management LLC lifted its stake in shares of AB Ultra Short Income ETF by 9,882.2% during the second quarter. Wagner Wealth Management LLC now owns 793,289 shares of the company’s stock valued at $40,188,000 after acquiring an additional 785,342 shares during the period. Kensington Asset Management LLC boosted its holdings in AB Ultra Short Income ETF by 396.8% in the third quarter. Kensington Asset Management LLC now owns 497,486 shares of the company’s stock valued at $25,210,000 after acquiring an additional 397,355 shares during the last quarter. Raymond James Financial Inc. increased its position in AB Ultra Short Income ETF by 71.6% in the third quarter. Raymond James Financial Inc. now owns 869,953 shares of the company’s stock worth $44,085,000 after purchasing an additional 363,083 shares during the period. Finally, Wedbush Securities Inc. acquired a new stake in AB Ultra Short Income ETF in the second quarter worth about $17,840,000.

AB Ultra Short Income ETF Price Performance

Shares of NYSEARCA YEAR opened at $50.53 on Wednesday. AB Ultra Short Income ETF has a 1-year low of $50.10 and a 1-year high of $50.82. The company has a 50-day moving average of $50.58 and a two-hundred day moving average of $50.58.

AB Ultra Short Income ETF Company Profile

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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.