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 increase in short interest in May. As of May 15th, there was short interest totaling 3,498 shares, an increase of 155.0% from the April 30th total of 1,372 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 2,119 shares, the short-interest ratio is currently 1.7 days.

Institutional Investors Weigh In On American Century Select High Yield ETF

A number of large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its holdings in shares of American Century Select High Yield ETF by 41.4% during the third quarter. Envestnet Asset Management Inc. now owns 856,406 shares of the company’s stock valued at $40,157,000 after buying an additional 250,814 shares during the last quarter. Networth Advisors LLC grew its holdings 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 valued at $2,255,000 after buying an additional 2,794 shares during the last quarter. AE Wealth Management LLC grew its holdings in shares of American Century Select High Yield ETF by 35.0% during the third quarter. AE Wealth Management LLC now owns 10,044 shares of the company’s stock valued at $471,000 after buying an additional 2,604 shares during the last quarter. MML Investors Services LLC grew its holdings in shares of 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 buying an additional 613 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings 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.

American Century Select High Yield ETF Price Performance

Shares of AHYB traded up $0.10 during trading hours on Friday, reaching $46.47. 1,842 shares of the company traded hands, compared to its average volume of 2,978. American Century Select High Yield ETF has a 12-month low of $45.54 and a 12-month high of $47.06. The business has a fifty day moving average price of $46.23 and a 200-day moving average price of $46.53.

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.