AB Ultra Short Income ETF (NYSEARCA:YEAR – Get Free Report) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 52,242 shares, a decline of 67.1% from the May 31st total of 158,562 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 146,613 shares, the days-to-cover ratio is presently 0.4 days.
AB Ultra Short Income ETF Stock Up 0.0%
NYSEARCA:YEAR traded up $0.01 during mid-day trading on Tuesday, reaching $50.35. 207,923 shares of the company were exchanged, compared to its average volume of 176,943. AB Ultra Short Income ETF has a 12 month low of $50.21 and a 12 month high of $50.82. The company has a fifty day moving average of $50.33 and a 200 day moving average of $50.44.
Institutional Trading of AB Ultra Short Income ETF
Several hedge funds have recently modified their holdings of the stock. N.E.W. Advisory Services LLC acquired a new position in AB Ultra Short Income ETF during the 4th quarter worth $73,000. Wagner Wealth Management LLC acquired a new stake in shares of AB Ultra Short Income ETF in the 1st quarter valued at $127,000. Colonial Trust Advisors increased its stake in shares of AB Ultra Short Income ETF by 59.7% in the 4th quarter. Colonial Trust Advisors now owns 2,675 shares of the company’s stock valued at $135,000 after buying an additional 1,000 shares during the period. Rothschild Investment LLC raised its position in shares of AB Ultra Short Income ETF by 25.2% during the fourth quarter. Rothschild Investment LLC now owns 4,975 shares of the company’s stock worth $251,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Sun Financial Inc acquired a new position in shares of AB Ultra Short Income ETF during the fourth quarter valued at $254,000.
AB Ultra Short Income ETF Company Profile
The Ab Ultra Short Income ETF (YEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides exposure to government and corporate ultra-short-term bonds from the United States. The fund seeks to maintain a dollar-weighted average duration of less than one year. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.
Featured Articles
- Five stocks we like better than AB Ultra Short Income ETF
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
Receive News & Ratings for AB Ultra Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB Ultra Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
