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

American Century Select High Yield ETF (NYSEARCA:AHYB) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,498 shares, an increase of 155.0% from the April 30th total of 1,372 shares. Based on an average trading volume of 2,119 shares, the short-interest ratio is currently 1.7 days. Currently, 0.3% of the shares of the company are short sold.

American Century Select High Yield ETF Trading Up 0.2%

Shares of NYSEARCA:AHYB traded up $0.10 during trading on Friday, reaching $46.47. 1,842 shares of the stock were exchanged, compared to its average volume of 2,978. American Century Select High Yield ETF has a 12 month low of $45.54 and a 12 month high of $47.06. The stock has a 50-day moving average price of $46.23 and a 200-day moving average price of $46.53.

Institutional Investors Weigh In On American Century Select High Yield ETF

A number of institutional investors have recently made changes to their positions in AHYB. Envestnet Asset Management Inc. boosted its stake in shares of American Century Select High Yield ETF by 41.4% in the third quarter. Envestnet Asset Management Inc. now owns 856,406 shares of the company’s stock valued at $40,157,000 after buying an additional 250,814 shares during the period. Networth Advisors LLC bought a new stake in shares of American Century Select High Yield ETF in the fourth quarter valued at approximately $2,158,000. Lloyd Advisory Services LLC. bought a new stake in shares of American Century Select High Yield ETF in the fourth quarter valued at approximately $60,000. Jane Street Group LLC bought a new stake in shares of American Century Select High Yield ETF in the second quarter valued at approximately $298,000. Finally, MML Investors Services LLC boosted its stake in shares of American Century Select High Yield ETF by 8.0% in the fourth quarter. MML Investors Services LLC now owns 8,232 shares of the company’s stock valued at $385,000 after buying an additional 613 shares during the period.

About American Century Select High Yield ETF

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.