AB High Yield ETF (NYSEARCA:HYFI) Stock Short Interest Report for October

AB High Yield ETF (NYSEARCA:HYFI) was the recipient of a large decrease in short interest in October. As of October 30th, there was short interest totaling 4,480 shares, a decrease of 74.4% from the October 15th total of 17,483 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 91,322 shares, the short-interest ratio is presently 0.0 days.

AB High Yield ETF Stock Down 0.1%

AB High Yield ETF stock traded down $0.03 during trading hours on Friday, hitting $35.94. 109,387 shares of the company traded hands, compared to its average volume of 46,555. The firm’s 50-day simple moving average is $36.21 and its two-hundred day simple moving average is $37.03. AB High Yield ETF has a 1-year low of $35.64 and a 1-year high of $37.96.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Retirement Planning Group LLC NY bought a new position in AB High Yield ETF during the 3rd quarter valued at $201,000. NewEdge Advisors LLC increased its position in shares of AB High Yield ETF by 6,742.2% during the 2nd quarter. NewEdge Advisors LLC now owns 6,158 shares of the company’s stock valued at $230,000 after purchasing an additional 6,068 shares during the period. Fifth Third Bancorp acquired a new position in shares of AB High Yield ETF during the 1st quarter valued at $304,000. Citadel Advisors LLC acquired a new position in shares of AB High Yield ETF during the 2nd quarter valued at $642,000. Finally, Platform Technology Partners raised its stake in shares of AB High Yield ETF by 4.0% in the 3rd quarter. Platform Technology Partners now owns 26,099 shares of the company’s stock worth $942,000 after buying an additional 1,002 shares in the last quarter.

AB High Yield ETF Company Profile

The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis. HYFI was launched on May 15, 2023 and is managed by AB Funds.