American Century Select High Yield ETF (NYSEARCA:AHYB) Short Interest Update

American Century Select High Yield ETF (NYSEARCA:AHYB) was the recipient of a significant growth in short interest during the month of 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 short-interest ratio is currently 1.7 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its holdings 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 buying an additional 250,814 shares in the last quarter. Networth Advisors LLC increased its holdings 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 worth $2,255,000 after buying an additional 2,794 shares in the last quarter. AE Wealth Management LLC increased its holdings in shares of 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 worth $471,000 after buying an additional 2,604 shares in the last quarter. MML Investors Services LLC increased its holdings in shares of American Century Select High Yield ETF by 8.0% during the fourth quarter. MML Investors Services LLC now owns 8,232 shares of the company’s stock worth $385,000 after buying an additional 613 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of American Century Select High Yield ETF by 10,352.1% during the fourth 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 in the last quarter.

American Century Select High Yield ETF Stock Up 0.2%

NYSEARCA AHYB traded up $0.10 on Friday, hitting $46.47. 1,842 shares of the company’s stock were exchanged, compared to its average volume of 2,978. The stock has a 50-day moving average of $46.23 and a 200-day moving average of $46.53. American Century Select High Yield ETF has a 52 week low of $45.54 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.