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

American Century Select High Yield ETF (NYSEARCA:AHYB) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 1,770 shares, a decrease of 49.4% from the May 14th total of 3,498 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,568 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of American Century Select High Yield ETF

Hedge funds have recently made changes to their positions in the stock. Lloyd Advisory Services LLC. purchased a new stake in shares of American Century Select High Yield ETF in the fourth quarter worth approximately $60,000. Jane Street Group LLC purchased a new stake in shares of American Century Select High Yield ETF in the second quarter worth approximately $298,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of American Century Select High Yield ETF by 10,352.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,630 shares of the company’s stock worth $357,000 after purchasing an additional 7,557 shares in the last quarter. MML Investors Services LLC raised its position in 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 valued at $385,000 after acquiring an additional 613 shares in the last quarter. Finally, Networth Advisors LLC bought a new position in American Century Select High Yield ETF during the fourth quarter valued at approximately $2,158,000.

American Century Select High Yield ETF Price Performance

Shares of NYSEARCA AHYB traded up $0.06 during mid-day trading on Monday, reaching $46.31. The company had a trading volume of 605 shares, compared to its average volume of 2,916. The stock has a fifty day moving average of $46.30 and a two-hundred day moving average of $46.50. American Century Select High Yield ETF has a 12-month low of $45.54 and a 12-month high of $47.06.

About American Century Select High Yield ETF

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.