American Century Select High Yield ETF (NYSEARCA:AHYB) Short Interest Update

American Century Select High Yield ETF (NYSEARCA:AHYB) was the target of a large drop in short interest in February. As of February 27th, there was short interest totaling 2,285 shares, a drop of 12.8% from the February 12th total of 2,621 shares. Based on an average trading volume of 1,995 shares, the short-interest ratio is currently 1.1 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,995 shares, the short-interest ratio is currently 1.1 days.

American Century Select High Yield ETF Stock Performance

Shares of AHYB stock remained flat at $46.01 during mid-day trading on Tuesday. The company’s stock had a trading volume of 2,108 shares, compared to its average volume of 2,778. The firm’s 50-day moving average price is $46.75 and its two-hundred day moving average price is $46.71. 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 Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Thursday, February 5th were given a dividend of $0.249 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. This is a boost from American Century Select High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date was Thursday, February 5th.

Hedge Funds Weigh In On American Century Select High Yield ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MML Investors Services LLC increased its holdings in shares of American Century Select High Yield ETF by 8.0% in the fourth quarter. MML Investors Services LLC now owns 8,232 shares of the company’s stock valued at $385,000 after purchasing an additional 613 shares during the period. Lloyd Advisory Services LLC. acquired a new stake in shares of American Century Select High Yield ETF during the fourth quarter worth $60,000. AE Wealth Management LLC grew its position in American Century Select High Yield ETF by 35.0% in the 3rd 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. Jane Street Group LLC purchased a new position in American Century Select High Yield ETF in the 2nd quarter valued at $298,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in American Century Select High Yield ETF by 10,352.1% in the 4th 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 period.

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.