Short Interest in American Beacon AHL Trend ETF (NYSEARCA:AHLT) Declines By 22.0%
by Amy Steele · The Cerbat GemAmerican Beacon AHL Trend ETF (NYSEARCA:AHLT – Get Free Report) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 23,130 shares, a decline of 22.0% from the January 29th total of 29,656 shares. Based on an average trading volume of 12,983 shares, the short-interest ratio is presently 1.8 days. Approximately 1.3% of the company’s stock are sold short. Approximately 1.3% of the company’s stock are sold short. Based on an average trading volume of 12,983 shares, the short-interest ratio is presently 1.8 days.
American Beacon AHL Trend ETF Trading Down 2.7%
NYSEARCA:AHLT traded down $0.80 during trading hours on Tuesday, reaching $28.44. The company had a trading volume of 2,681 shares, compared to its average volume of 15,321. The business’s 50-day simple moving average is $28.19 and its two-hundred day simple moving average is $25.87. American Beacon AHL Trend ETF has a twelve month low of $21.17 and a twelve month high of $30.53.
Institutional Trading of American Beacon AHL Trend ETF
Several large investors have recently made changes to their positions in the company. Your Advocates Ltd. LLP raised 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 buying an additional 1,982 shares during the period. Jane Street Group LLC bought a new stake in shares of American Beacon AHL Trend ETF during the second quarter valued at approximately $379,000. Abbington Investment Group bought a new stake in shares of American Beacon AHL Trend ETF during the third quarter valued at approximately $10,479,000. Comerica Bank raised its position in shares of American Beacon AHL Trend ETF by 53.4% during the third quarter. Comerica Bank now owns 7,489 shares of the company’s stock worth $182,000 after purchasing an additional 2,608 shares during the period. Finally, Pursuit Wealth Management LLC bought a new position in shares of American Beacon AHL Trend ETF in the 4th quarter worth $1,212,000.
American Beacon AHL Trend ETF Company Profile
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.