American Century Select High Yield ETF (NYSEARCA:AHYB) Short Interest Down 18.2% in March

American Century Select High Yield ETF (NYSEARCA:AHYB) saw a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 1,869 shares, a decline of 18.2% from the February 26th total of 2,285 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 4,073 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On American Century Select High Yield ETF

Several institutional investors have recently modified their holdings of the business. Lloyd Advisory Services LLC. bought a new stake in shares of American Century Select High Yield ETF during the fourth quarter worth approximately $60,000. Jane Street Group LLC bought a new position in American Century Select High Yield ETF in the second quarter valued at approximately $298,000. Northwestern Mutual Wealth Management Co. boosted its stake in 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 valued at $357,000 after acquiring an additional 7,557 shares during the last quarter. MML Investors Services LLC grew its holdings in 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 acquiring an additional 613 shares during the period. Finally, AE Wealth Management LLC grew its holdings in American Century Select High Yield ETF by 35.0% during the 3rd quarter. AE Wealth Management LLC now owns 10,044 shares of the company’s stock worth $471,000 after acquiring an additional 2,604 shares during the period.

American Century Select High Yield ETF Stock Up 1.0%

Shares of AHYB opened at $46.07 on Wednesday. The stock’s fifty day simple moving average is $46.54 and its 200-day simple moving average is $46.64. American Century Select High Yield ETF has a 12-month low of $43.55 and a 12-month high of $47.06.

American Century Select High Yield ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were given a dividend of $0.249 per share. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date was Thursday, February 5th. This is a boost from American Century Select High Yield ETF’s previous monthly dividend of $0.21.

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.