American Beacon AHL Trend ETF (NYSEARCA:AHLT) Stock Short Interest Rises 528.1%

American Beacon AHL Trend ETF (NYSEARCA:AHLT) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 28,702 shares, a growth of 528.1% from the August 31st total of 4,570 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 32,818 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of American Beacon AHL Trend ETF

Several hedge funds have recently modified their holdings of the company. Essential Partners LLC raised its stake in shares of American Beacon AHL Trend ETF by 2.2% in the first quarter. Essential Partners LLC now owns 17,746 shares of the company’s stock valued at $501,000 after acquiring an additional 383 shares during the last quarter. Dynamic Advisor Solutions LLC grew its position in American Beacon AHL Trend ETF by 7.4% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 29,007 shares of the company’s stock worth $838,000 after acquiring an additional 1,989 shares during the last quarter. Fifth Third Bancorp bought a new stake in American Beacon AHL Trend ETF during the 1st quarter worth approximately $215,000. Finally, Your Advocates Ltd. LLP increased its holdings in American Beacon AHL Trend ETF by 28.0% during the 1st quarter. Your Advocates Ltd. LLP now owns 27,588 shares of the company’s stock valued at $780,000 after purchasing an additional 6,028 shares in the last quarter.

American Beacon AHL Trend ETF Price Performance

Shares of AHLT stock opened at $31.17 on Friday. American Beacon AHL Trend ETF has a 12-month low of $23.96 and a 12-month high of $31.33. The firm has a 50-day moving average price of $29.56 and a 200 day moving average price of $29.08.

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.