American Century Select High Yield ETF (NYSEARCA:AHYB) Short Interest Up 155.0% in May

American Century Select High Yield ETF (NYSEARCA:AHYBGet Free Report) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 3,498 shares, a growth of 155.0% from the April 30th total of 1,372 shares. Based on an average daily volume of 2,119 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Investors Weigh In On American Century Select High Yield ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Networth Advisors LLC boosted its holdings in American Century Select High Yield ETF by 6.1% in the 1st quarter. Networth Advisors LLC now owns 48,958 shares of the company’s stock valued at $2,255,000 after purchasing an additional 2,794 shares in the last quarter. MML Investors Services LLC boosted its holdings in 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 valued at $385,000 after purchasing an additional 613 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in 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 valued at $357,000 after purchasing an additional 7,557 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new stake in American Century Select High Yield ETF in the 4th quarter valued at approximately $60,000. Finally, Envestnet Asset Management Inc. boosted its holdings in American Century Select High Yield ETF by 41.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 856,406 shares of the company’s stock valued at $40,157,000 after purchasing an additional 250,814 shares in the last quarter.

American Century Select High Yield ETF Price Performance

AHYB traded down $0.10 during trading on Monday, reaching $46.37. The company’s stock had a trading volume of 346 shares, compared to its average volume of 2,952. American Century Select High Yield ETF has a 52-week low of $45.54 and a 52-week high of $47.06. The company’s fifty day moving average price is $46.23 and its 200-day moving average price is $46.53.

About American Century Select High Yield ETF

(Get Free Report)

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.

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