Short Interest in American Beacon AHL Trend ETF (NYSEARCA:AHLT) Grows By 444.7%

American Beacon AHL Trend ETF (NYSEARCA:AHLT) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 23,732 shares, a growth of 444.7% from the December 31st total of 4,357 shares. Based on an average trading volume of 17,232 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.3% of the company’s stock are short sold. Currently, 1.3% of the company’s stock are short sold. Based on an average trading volume of 17,232 shares, the days-to-cover ratio is presently 1.4 days.

American Beacon AHL Trend ETF Stock Up 0.5%

Shares of AHLT stock opened at $29.73 on Friday. The stock’s 50-day moving average is $26.90 and its two-hundred day moving average is $24.81. American Beacon AHL Trend ETF has a 1 year low of $21.17 and a 1 year high of $30.53.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AHLT. Comerica Bank boosted its holdings in shares of American Beacon AHL Trend ETF by 53.4% in the third quarter. Comerica Bank now owns 7,489 shares of the company’s stock valued at $182,000 after acquiring an additional 2,608 shares during the period. Mutual Advisors LLC purchased a new stake in American Beacon AHL Trend ETF in the 2nd quarter valued at $227,000. Your Advocates Ltd. LLP boosted its stake in American Beacon AHL Trend ETF by 20.4% during the 2nd quarter. Your Advocates Ltd. LLP now owns 11,688 shares of the company’s stock worth $259,000 after purchasing an additional 1,982 shares during the period. Jane Street Group LLC purchased a new position in American Beacon AHL Trend ETF during the 2nd quarter worth $379,000. Finally, Pursuit Wealth Management LLC acquired a new position in American Beacon AHL Trend ETF in the fourth quarter valued at $1,212,000.

About American Beacon AHL Trend ETF

The American Beacon AHL Trend ETF (AHLT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks capital growth through a systematic, trend-following, managed futures strategy. Using technical analysis, the fund actively manages a wide range of derivatives linked to commodities, stocks indexes, currencies, bonds and interest rates. AHLT was launched on Aug 30, 2023 and is issued by American Beacon.