American Century Select High Yield ETF (NYSEARCA:AHYB) Sees Large Growth in Short Interest

American Century Select High Yield ETF (NYSEARCA:AHYB) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 6,076 shares, a growth of 170.0% from the December 15th total of 2,250 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 12,192 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 12,192 shares, the short-interest ratio is currently 0.5 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Investors Weigh In On American Century Select High Yield ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in American Century Select High Yield ETF in the 2nd quarter valued at approximately $298,000. AE Wealth Management LLC raised its holdings in shares of American Century Select High Yield ETF by 34.6% in the second 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. Finally, Envestnet Asset Management Inc. lifted its position in shares of 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 purchasing an additional 5,382 shares in the last quarter.

American Century Select High Yield ETF Stock Up 0.0%

Shares of AHYB stock traded up $0.00 during trading hours on Thursday, hitting $46.87. 1,220 shares of the company were exchanged, compared to its average volume of 2,782. American Century Select High Yield ETF has a 52 week low of $43.55 and a 52 week high of $47.06. The business has a 50 day moving average of $46.66 and a two-hundred day moving average of $46.61.

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.