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

American Century Select High Yield ETF (NYSEARCA:AHYB) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 6,076 shares, a growth of 170.0% from the December 15th total of 2,250 shares. Based on an average trading volume of 12,192 shares, the short-interest ratio is currently 0.5 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 12,192 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of American Century Select High Yield ETF

Several large investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its position in shares of American Century Select High Yield ETF by 41.4% during the third quarter. Envestnet Asset Management Inc. now owns 856,406 shares of the company’s stock worth $40,157,000 after purchasing an additional 250,814 shares in the last quarter. AE Wealth Management LLC raised its position in American Century Select High Yield ETF by 35.0% during the third quarter. AE Wealth Management LLC now owns 10,044 shares of the company’s stock valued at $471,000 after purchasing an additional 2,604 shares during the period. Finally, Jane Street Group LLC purchased a new stake in American Century Select High Yield ETF during the 2nd quarter valued at $298,000.

American Century Select High Yield ETF Price Performance

Shares of AHYB opened at $46.87 on Wednesday. The business’s 50 day moving average price is $46.65 and its 200-day moving average price is $46.61. American Century Select High Yield ETF has a 52 week low of $43.55 and a 52 week high of $47.06.

American Century Select High Yield ETF Company Profile

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.