AB Ultra Short Income ETF (NYSEARCA:YEAR) Short Interest Down 69.8% in January
by Teresa Graham · The Cerbat GemAB Ultra Short Income ETF (NYSEARCA:YEAR – Get Free Report) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 15,502 shares, a decline of 69.8% from the December 31st total of 51,357 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 214,031 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 214,031 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.
AB Ultra Short Income ETF Stock Performance
Shares of NYSEARCA:YEAR remained flat at $50.58 during midday trading on Wednesday. The stock had a trading volume of 135,486 shares, compared to its average volume of 199,155. The stock’s fifty day moving average is $50.58 and its 200 day moving average is $50.59. AB Ultra Short Income ETF has a 12 month low of $50.10 and a 12 month high of $50.82.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of YEAR. Colonial Trust Advisors bought a new position in AB Ultra Short Income ETF in the 2nd quarter valued at $85,000. Rothschild Investment LLC grew its holdings in shares of AB Ultra Short Income ETF by 256.0% during the second quarter. Rothschild Investment LLC now owns 4,450 shares of the company’s stock worth $225,000 after purchasing an additional 3,200 shares during the last quarter. Claro Advisors LLC acquired a new stake in shares of AB Ultra Short Income ETF in the second quarter valued at $243,000. Next Level Private LLC bought a new position in shares of AB Ultra Short Income ETF in the fourth quarter valued at about $351,000. Finally, Laraway Financial Advisors Inc lifted its position in AB Ultra Short Income ETF by 9.4% during the 3rd quarter. Laraway Financial Advisors Inc now owns 8,317 shares of the company’s stock worth $421,000 after buying an additional 715 shares in the last quarter.
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.