Short Interest in American Century Select High Yield ETF (NYSEARCA:AHYB) Rises By 692.3%

American Century Select High Yield ETF (NYSEARCA:AHYB) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 2,250 shares, a growth of 692.3% from the November 30th total of 284 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,892 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily trading volume, of 1,892 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of American Century Select High Yield ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. AE Wealth Management LLC boosted its stake in American Century Select High Yield ETF by 34.6% in the 2nd quarter. AE Wealth Management LLC now owns 7,440 shares of the company’s stock worth $347,000 after purchasing an additional 1,913 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of American Century Select High Yield ETF by 0.9% in the second quarter. Envestnet Asset Management Inc. now owns 605,592 shares of the company’s stock worth $28,242,000 after buying an additional 5,382 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of American Century Select High Yield ETF in the second quarter valued at approximately $298,000.

American Century Select High Yield ETF Stock Up 0.2%

American Century Select High Yield ETF stock traded up $0.07 during mid-day trading on Wednesday, reaching $46.67. The company’s stock had a trading volume of 1,083 shares, compared to its average volume of 3,605. The firm’s fifty day moving average price is $46.63 and its two-hundred day moving average price is $46.55. American Century Select High Yield ETF has a 12-month low of $43.55 and a 12-month 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.