American Century Select High Yield ETF (NYSEARCA:AHYB) Shares Shorted: Short Interest Down 40.1% in September

American Century Select High Yield ETF (NYSEARCA:AHYB) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,332 shares, a decline of 40.1% from the August 31st total of 2,224 shares. Based on an average trading volume of 3,130 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

American Century Select High Yield ETF Trading Up 0.1%

Shares of AHYB traded up $0.05 during mid-day trading on Thursday, reaching $44.82. The company had a trading volume of 6,707 shares, compared to its average volume of 2,879. The company’s 50 day simple moving average is $45.74 and its 200 day simple moving average is $46.04. American Century Select High Yield ETF has a 1-year low of $44.54 and a 1-year high of $47.06.

Institutional Investors Weigh In On American Century Select High Yield ETF

An institutional investor recently raised its position in American Century Select High Yield ETF stock. Envestnet Asset Management Inc. boosted its position in American Century Select High Yield ETF (NYSEARCA:AHYB) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,051,058 shares of the company’s stock after purchasing an additional 33,865 shares during the period. Envestnet Asset Management Inc. owned 77.86% of American Century Select High Yield ETF worth $48,653,000 at the end of the most recent quarter.

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.