American Century Select High Yield ETF (NYSEARCA:AHYB) Sees Significant Growth in Short Interest

American Century Select High Yield ETF (NYSEARCA:AHYB) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 915 shares, an increase of 269.0% from the January 15th total of 248 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,306 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 2,306 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

American Century Select High Yield ETF Stock Up 0.1%

Shares of NYSEARCA AHYB traded up $0.05 during trading hours on Friday, reaching $46.84. The stock had a trading volume of 1,738 shares, compared to its average volume of 2,645. American Century Select High Yield ETF has a 52-week low of $43.55 and a 52-week high of $47.06. The business’s fifty day moving average price is $46.77 and its two-hundred day moving average price is $46.69.

American Century Select High Yield ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were issued a dividend of $0.249 per share. The ex-dividend date of this dividend was Thursday, February 5th. This is a positive change from American Century Select High Yield ETF’s previous monthly dividend of $0.21. This represents a c) annualized dividend and a yield of 6.4%.

Institutional Investors Weigh In On American Century Select High Yield ETF

Hedge funds have recently made changes to their positions in the stock. Lloyd Advisory Services LLC. purchased a new position in American Century Select High Yield ETF during the 4th quarter worth $60,000. Jane Street Group LLC purchased a new stake in American Century Select High Yield ETF during the 2nd quarter worth approximately $298,000. AE Wealth Management LLC raised its holdings in shares of American Century Select High Yield ETF by 34.6% in the second quarter. AE Wealth Management LLC now owns 7,440 shares of the company’s stock worth $347,000 after buying an additional 1,913 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of American Century Select High Yield ETF by 10,352.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,630 shares of the company’s stock worth $357,000 after buying an additional 7,557 shares during the last quarter. Finally, Networth Advisors LLC acquired a new stake in shares of American Century Select High Yield ETF during the fourth quarter worth $2,158,000.

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.