American Beacon AHL Trend ETF (NYSEARCA:AHLT) Short Interest Update

American Beacon AHL Trend ETF (NYSEARCA:AHLT) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 4,570 shares, a decrease of 60.9% from the August 15th total of 11,681 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 3,832 shares, the days-to-cover ratio is currently 1.2 days.

Hedge Funds Weigh In On American Beacon AHL Trend ETF

Several hedge funds and other institutional investors have recently made changes to their positions in AHLT. Comerica Bank increased its holdings in American Beacon AHL Trend ETF by 53.4% in the 3rd quarter. Comerica Bank now owns 7,489 shares of the company’s stock valued at $182,000 after purchasing an additional 2,608 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of American Beacon AHL Trend ETF in the first quarter worth about $215,000. Jane Street Group LLC purchased a new position in American Beacon AHL Trend ETF in the 4th quarter worth approximately $314,000. Essential Partners LLC lifted its position in shares of American Beacon AHL Trend ETF by 2.2% during the first quarter. Essential Partners LLC now owns 17,746 shares of the company’s stock worth $501,000 after purchasing an additional 383 shares in the last quarter. Finally, Your Advocates Ltd. LLP lifted its position in shares of American Beacon AHL Trend ETF by 28.0% during the first quarter. Your Advocates Ltd. LLP now owns 27,588 shares of the company’s stock worth $780,000 after purchasing an additional 6,028 shares in the last quarter.

American Beacon AHL Trend ETF Trading Down 0.4%

AHLT stock traded down $0.12 during midday trading on Monday, reaching $30.31. 7,314 shares of the company’s stock traded hands, compared to its average volume of 32,620. American Beacon AHL Trend ETF has a fifty-two week low of $23.15 and a fifty-two week high of $30.53. The business has a 50-day moving average price of $29.19 and a two-hundred day moving average price of $28.96.

American Beacon AHL Trend ETF Company Profile

The American Beacon AHL Trend ETF (AHLT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks capital growth through a systematic, trend-following, managed futures strategy. Using technical analysis, the fund actively manages a wide range of derivatives linked to commodities, stocks indexes, currencies, bonds and interest rates. AHLT was launched on Aug 30, 2023 and is issued by American Beacon.