Short Interest in American Beacon AHL Trend ETF (NYSEARCA:AHLT) Drops By 22.0%

American Beacon AHL Trend ETF (NYSEARCA:AHLT) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 23,130 shares, a decline of 22.0% from the January 29th total of 29,656 shares. Based on an average daily trading volume, of 12,983 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.3% of the shares of the stock are sold short. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,983 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AHLT. Comerica Bank lifted its holdings in American Beacon AHL Trend ETF by 53.4% during the 3rd quarter. Comerica Bank now owns 7,489 shares of the company’s stock worth $182,000 after buying an additional 2,608 shares in the last quarter. Your Advocates Ltd. LLP lifted its stake in shares of American Beacon AHL Trend ETF by 20.4% during the second quarter. Your Advocates Ltd. LLP now owns 11,688 shares of the company’s stock valued at $259,000 after acquiring an additional 1,982 shares during the period. Jane Street Group LLC bought a new position in American Beacon AHL Trend ETF in the fourth quarter valued at about $314,000. Pursuit Wealth Management LLC bought a new position in American Beacon AHL Trend ETF in the fourth quarter valued at about $1,212,000. Finally, Abbington Investment Group acquired a new stake in American Beacon AHL Trend ETF in the third quarter worth about $10,479,000.

American Beacon AHL Trend ETF Price Performance

Shares of NYSEARCA:AHLT opened at $29.46 on Monday. American Beacon AHL Trend ETF has a 12 month low of $21.17 and a 12 month high of $30.53. The company’s 50-day moving average price is $28.10 and its two-hundred day moving average price is $25.77.

American Beacon AHL Trend ETF Company Profile

The American Beacon AHL Trend ETF (AHLT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks capital growth through a systematic, trend-following, managed futures strategy. Using technical analysis, the fund actively manages a wide range of derivatives linked to commodities, stocks indexes, currencies, bonds and interest rates. AHLT was launched on Aug 30, 2023 and is issued by American Beacon.