Short Interest in American Beacon AHL Trend ETF (NYSEARCA:AHLT) Declines By 62.1%

American Beacon AHL Trend ETF (NYSEARCA:AHLT) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 4,200 shares, a decline of 62.1% from the November 30th total of 11,091 shares. Based on an average trading volume of 11,393 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 11,393 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of American Beacon AHL Trend ETF

Several hedge funds have recently modified their holdings of AHLT. Mutual Advisors LLC purchased a new position in American Beacon AHL Trend ETF during the second quarter worth about $227,000. Your Advocates Ltd. LLP raised its position in shares of American Beacon AHL Trend ETF by 20.4% during the 2nd quarter. Your Advocates Ltd. LLP now owns 11,688 shares of the company’s stock valued at $259,000 after acquiring an additional 1,982 shares in the last quarter. Abbington Investment Group bought a new position in shares of American Beacon AHL Trend ETF during the third quarter valued at approximately $10,479,000. Comerica Bank grew its position in shares of American Beacon AHL Trend ETF by 53.4% during the third quarter. Comerica Bank now owns 7,489 shares of the company’s stock worth $182,000 after acquiring an additional 2,608 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in American Beacon AHL Trend ETF in the 2nd quarter worth approximately $379,000.

American Beacon AHL Trend ETF Stock Performance

NYSEARCA:AHLT traded up $0.59 during trading hours on Friday, reaching $27.23. 1,265 shares of the company were exchanged, compared to its average volume of 9,848. The stock’s 50-day moving average is $25.59 and its 200-day moving average is $23.89. American Beacon AHL Trend ETF has a twelve month low of $21.17 and a twelve month high of $27.23.

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.