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

American Century Select High Yield ETF (NYSEARCA:AHYB) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 799 shares, a drop of 54.9% from the May 31st total of 1,770 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 2,400 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Networth Advisors LLC raised its position in shares of American Century Select High Yield ETF by 6.1% in 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 in the last quarter. MML Investors Services LLC grew its holdings in shares of American Century Select High Yield ETF by 8.0% during the 4th quarter. MML Investors Services LLC now owns 8,232 shares of the company’s stock worth $385,000 after purchasing an additional 613 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of American Century Select High Yield ETF by 10,352.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,630 shares of the company’s stock worth $357,000 after purchasing an additional 7,557 shares in the last quarter. Jane Street Group LLC bought a new position in shares of American Century Select High Yield ETF in the second quarter worth $298,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of American Century Select High Yield ETF in the fourth quarter worth $60,000.

American Century Select High Yield ETF Price Performance

AHYB stock remained flat at $46.29 during trading hours on Wednesday. The company’s stock had a trading volume of 928 shares, compared to its average volume of 2,824. American Century Select High Yield ETF has a 1 year low of $45.54 and a 1 year high of $47.06. The firm has a 50 day moving average price of $46.27 and a 200-day moving average price of $46.46.

About American Century Select High Yield ETF

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.