American Century Select High Yield ETF (NYSEARCA:AHYB) Sees Large Drop in Short Interest

American Century Select High Yield ETF (NYSEARCA:AHYB) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 2,224 shares, a decrease of 62.5% from the August 15th total of 5,932 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 2,610 shares, the short-interest ratio is presently 0.9 days.

American Century Select High Yield ETF Stock Up 0.0%

Shares of AHYB traded up $0.01 during trading hours on Friday, reaching $45.48. 2,984 shares of the stock traded hands, compared to its average volume of 2,784. American Century Select High Yield ETF has a 52-week low of $45.47 and a 52-week high of $47.06. The company’s 50-day moving average price is $45.95 and its two-hundred day moving average price is $46.17.

Institutional Trading of American Century Select High Yield ETF

Institutional investors have recently made changes to their positions in the business. Lloyd Advisory Services LLC. bought a new stake in American Century Select High Yield ETF during the 4th quarter valued at approximately $60,000. Jane Street Group LLC purchased a new stake in American Century Select High Yield ETF during the 2nd quarter valued at approximately $298,000. Northwestern Mutual Wealth Management Co. raised its position 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 valued at $357,000 after buying an additional 7,557 shares during the last quarter. MML Investors Services LLC lifted its holdings in shares of American Century Select High Yield ETF by 8.0% in 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, Networth Advisors LLC boosted its position 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 acquiring an additional 2,794 shares during the last quarter.

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.