American Century Select High Yield ETF (NYSEARCA:AHYB) Short Interest Down 62.5% in August

American Century Select High Yield ETF (NYSEARCA:AHYB) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,224 shares, a decline of 62.5% from the August 15th total of 5,932 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 2,610 shares, the short-interest ratio is presently 0.9 days.

American Century Select High Yield ETF Stock Down 0.0%

NYSEARCA:AHYB traded down $0.01 during trading hours on Tuesday, hitting $45.44. The company had a trading volume of 1,672 shares, compared to its average volume of 2,776. The company has a 50-day moving average of $45.93 and a 200 day moving average of $46.15. American Century Select High Yield ETF has a 1 year low of $45.40 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. Networth Advisors LLC raised its position in American Century Select High Yield ETF (NYSEARCA:AHYB) by 6.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,958 shares of the company’s stock after purchasing an additional 2,794 shares during the quarter. American Century Select High Yield ETF comprises 1.6% of Networth Advisors LLC’s investment portfolio, making the stock its 21st biggest position. Networth Advisors LLC owned 3.77% of American Century Select High Yield ETF worth $2,255,000 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.