American Beacon AHL Trend ETF (NYSEARCA:AHLT) Short Interest Update

American Beacon AHL Trend ETF (NYSEARCA:AHLT) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 11,681 shares, a decrease of 97.9% from the July 30th total of 568,311 shares. Based on an average trading volume of 8,518 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Essential Partners LLC lifted its holdings in shares of American Beacon AHL Trend ETF by 2.2% during the 1st quarter. Essential Partners LLC now owns 17,746 shares of the company’s stock valued at $501,000 after buying an additional 383 shares during the last quarter. Dynamic Advisor Solutions LLC increased its holdings in American Beacon AHL Trend ETF by 7.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 29,007 shares of the company’s stock worth $838,000 after buying an additional 1,989 shares during the last quarter. Comerica Bank increased its holdings in American Beacon AHL Trend ETF by 53.4% in the third quarter. Comerica Bank now owns 7,489 shares of the company’s stock worth $182,000 after buying an additional 2,608 shares during the last quarter. Your Advocates Ltd. LLP raised its position in American Beacon AHL Trend ETF by 28.0% during the first quarter. Your Advocates Ltd. LLP now owns 27,588 shares of the company’s stock valued at $780,000 after acquiring an additional 6,028 shares in the last quarter. Finally, Fifth Third Bancorp bought a new position in American Beacon AHL Trend ETF during the first quarter valued at approximately $215,000.

American Beacon AHL Trend ETF Price Performance

Shares of NYSEARCA:AHLT traded down $0.41 during midday trading on Tuesday, hitting $28.77. 2,384 shares of the stock were exchanged, compared to its average volume of 33,204. American Beacon AHL Trend ETF has a 52-week low of $22.28 and a 52-week high of $30.53. The business’s fifty day simple moving average is $28.99 and its two-hundred day simple moving average is $28.86.

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.