American Century Select High Yield ETF (NYSEARCA:AHYB) Short Interest Down 54.9% in June

American Century Select High Yield ETF (NYSEARCA:AHYB) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 799 shares, a decline of 54.9% from the May 31st total of 1,770 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is presently 0.3 days.

American Century Select High Yield ETF Stock Performance

Shares of NYSEARCA AHYB remained flat at $46.29 during mid-day trading on Tuesday. 2,143 shares of the stock traded hands, compared to its average volume of 2,839. American Century Select High Yield ETF has a one year low of $45.54 and a one year high of $47.06. The company has a 50 day simple moving average of $46.27 and a two-hundred day simple moving average of $46.46.

Hedge Funds Weigh In On American Century Select High Yield ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of AHYB. Networth Advisors LLC raised its position in shares of American Century Select High Yield ETF by 6.1% during the 1st quarter. Networth Advisors LLC now owns 48,958 shares of the company’s stock valued at $2,255,000 after acquiring an additional 2,794 shares during the last quarter. MML Investors Services LLC boosted its position in shares of American Century Select High Yield ETF by 8.0% in the 4th quarter. MML Investors Services LLC now owns 8,232 shares of the company’s stock worth $385,000 after purchasing an additional 613 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of American Century Select High Yield ETF by 10,352.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,630 shares of the company’s stock worth $357,000 after purchasing an additional 7,557 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new stake in shares of American Century Select High Yield ETF during the fourth quarter worth $60,000. Finally, Jane Street Group LLC acquired a new stake in shares of 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.