American Beacon AHL Trend ETF (NYSEARCA:AHLT) Short Interest Down 22.0% in February

American Beacon AHL Trend ETF (NYSEARCA:AHLT) was the target of a significant drop in short interest in February. As of February 13th, there was short interest totaling 23,130 shares, a drop of 22.0% from the January 29th total of 29,656 shares. Based on an average trading volume of 12,983 shares, the short-interest ratio is presently 1.8 days. Currently, 1.3% of the company’s stock are short sold. Currently, 1.3% of the company’s stock are short sold. Based on an average trading volume of 12,983 shares, the short-interest ratio is presently 1.8 days.

Institutional Investors Weigh In On American Beacon AHL Trend ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Comerica Bank lifted its position in shares of American Beacon AHL Trend ETF by 53.4% in the third quarter. Comerica Bank now owns 7,489 shares of the company’s stock valued at $182,000 after buying an additional 2,608 shares during the last quarter. Your Advocates Ltd. LLP grew its stake in shares of American Beacon AHL Trend ETF by 20.4% during the second quarter. Your Advocates Ltd. LLP now owns 11,688 shares of the company’s stock worth $259,000 after buying an additional 1,982 shares during the last quarter. Jane Street Group LLC bought a new stake in American Beacon AHL Trend ETF during the 4th quarter worth approximately $314,000. Pursuit Wealth Management LLC bought a new stake in shares of American Beacon AHL Trend ETF in the 4th quarter valued at about $1,212,000. Finally, Abbington Investment Group bought a new position in American Beacon AHL Trend ETF during the third quarter worth $10,479,000.

American Beacon AHL Trend ETF Stock Performance

NYSEARCA AHLT traded up $0.27 during midday trading on Wednesday, hitting $28.71. The company had a trading volume of 2,470 shares, compared to its average volume of 15,014. American Beacon AHL Trend ETF has a fifty-two week low of $21.17 and a fifty-two week high of $30.53. The firm has a fifty day simple moving average of $28.19 and a two-hundred day simple moving average of $25.87.

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.