Short Interest in American Century Select High Yield ETF (NYSEARCA:AHYB) Grows By 269.0%

American Century Select High Yield ETF (NYSEARCA:AHYB) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 915 shares, an increase of 269.0% from the January 15th total of 248 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 2,306 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 2,306 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

American Century Select High Yield ETF Trading Down 0.1%

Shares of AHYB stock traded down $0.02 during midday trading on Wednesday, hitting $46.79. The company had a trading volume of 2,323 shares, compared to its average volume of 2,712. The company’s 50 day simple moving average is $46.77 and its 200 day simple moving average is $46.68. American Century Select High Yield ETF has a 52-week low of $43.55 and a 52-week high of $47.06.

American Century Select High Yield ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were given a $0.249 dividend. This is a positive change from American Century Select High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date was Thursday, February 5th. This represents a c) dividend on an annualized basis and a yield of 6.4%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Lloyd Advisory Services LLC. acquired a new stake in American Century Select High Yield ETF in the fourth quarter valued at about $60,000. Jane Street Group LLC acquired a new stake in shares of American Century Select High Yield ETF in the 2nd quarter valued at approximately $298,000. AE Wealth Management LLC boosted its stake in shares of American Century Select High Yield ETF by 34.6% in the second quarter. AE Wealth Management LLC now owns 7,440 shares of the company’s stock valued at $347,000 after buying an additional 1,913 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in 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 worth $357,000 after acquiring an additional 7,557 shares during the period. Finally, Networth Advisors LLC purchased a new position in American Century Select High Yield ETF in the fourth quarter worth $2,158,000.

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.