American Century Select High Yield ETF (NYSEARCA:AHYB) Sees Significant Increase in Short Interest

American Century Select High Yield ETF (NYSEARCA:AHYBGet Free Report) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 3,731 shares, an increase of 203.6% from the June 30th total of 1,229 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 1,541 shares, the days-to-cover ratio is presently 2.4 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AHYB. Networth Advisors LLC increased its stake in shares of American Century Select High Yield ETF by 6.1% during the first 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 grew its stake in shares of 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 worth $385,000 after buying an additional 613 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of 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 worth $357,000 after buying an additional 7,557 shares during the last quarter. Lloyd Advisory Services LLC. bought a new position in American Century Select High Yield ETF during the 4th quarter valued at approximately $60,000. Finally, Jane Street Group LLC bought a new position in American Century Select High Yield ETF during the 2nd quarter valued at approximately $298,000.

American Century Select High Yield ETF Stock Performance

American Century Select High Yield ETF stock traded up $0.04 on Monday, hitting $45.88. 346 shares of the stock traded hands, compared to its average volume of 2,691. American Century Select High Yield ETF has a 1 year low of $45.54 and a 1 year high of $47.06. The business’s fifty day simple moving average is $46.18 and its 200 day simple moving average is $46.39.

American Century Select High Yield ETF Company Profile

(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.

Further Reading

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