American Century Select High Yield ETF (NYSEARCA:AHYB) Stock Short Interest Drops 55.7%

American Century Select High Yield ETF (NYSEARCA:AHYB – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,708 shares, a decrease of 55.7% from the September 30th total of 3,859 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 23,872 shares, the short-interest ratio is presently 0.1 days.

American Century Select High Yield ETF Stock Down 0.1%

Shares of AHYB stock traded down $0.06 during trading on Friday, reaching $44.90. 3,644 shares of the company’s stock were exchanged, compared to its average volume of 3,944. The firm’s fifty day moving average price is $45.24 and its 200-day moving average price is $46.05. American Century Select High Yield ETF has a twelve month low of $44.53 and a twelve month high of $47.02.

Hedge Funds Weigh In On American Century Select High Yield ETF

A hedge fund recently raised its position in American Century Select High Yield ETF stock. Envestnet Asset Management Inc. raised its position in American Century Select High Yield ETF (NYSEARCA:AHYB – Free Report) by 3.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,051,058 shares of the company’s stock after purchasing an additional 33,865 shares during the quarter. Envestnet Asset Management Inc. owned 77.86% of American Century Select High Yield ETF worth $48,653,000 as of its most recent SEC filing.

About American Century Select High Yield ETF

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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.

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