American Century Select High Yield ETF (NYSEARCA:AHYB) Shares Shorted: Short Interest Down 55.7% in October

American Century Select High Yield ETF (NYSEARCA:AHYB) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 1,708 shares, a decline of 55.7% from the September 30th total of 3,859 shares. Based on an average daily volume of 23,872 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On American Century Select High Yield ETF

An institutional investor recently raised its position in American Century Select High Yield ETF stock. Envestnet Asset Management Inc. grew its stake in shares of American Century Select High Yield ETF (NYSEARCA:AHYB) by 3.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,051,058 shares of the company’s stock after acquiring an additional 33,865 shares during the period. Envestnet Asset Management Inc. owned 77.86% of American Century Select High Yield ETF worth $48,653,000 at the end of the most recent reporting period.

American Century Select High Yield ETF Stock Performance

Shares of AHYB stock traded down $0.06 during trading on Friday, reaching $44.90. 3,644 shares of the company’s stock traded hands, compared to its average volume of 3,944. The firm’s 50-day moving average is $45.24 and its 200 day moving average is $46.05. American Century Select High Yield ETF has a 1 year low of $44.53 and a 1 year high of $47.02.

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.