American Beacon AHL Trend ETF (NYSEARCA:AHLT) Stock Short Interest Rises 94.2%

American Beacon AHL Trend ETF (NYSEARCA:AHLT) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 55,730 shares, an increase of 94.2% from the September 15th total of 28,702 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average trading volume of 56,151 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of American Beacon AHL Trend ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Fifth Third Bancorp acquired a new stake in American Beacon AHL Trend ETF during the 1st quarter worth about $215,000. Essential Partners LLC grew its stake in 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 acquiring an additional 383 shares in the last quarter. Your Advocates Ltd. LLP increased its holdings in shares of American Beacon AHL Trend ETF by 28.0% in the 1st quarter. Your Advocates Ltd. LLP now owns 27,588 shares of the company’s stock valued at $780,000 after purchasing an additional 6,028 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its holdings in shares of American Beacon AHL Trend ETF by 7.4% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 29,007 shares of the company’s stock valued at $838,000 after purchasing an additional 1,989 shares during the period.

American Beacon AHL Trend ETF Stock Down 0.4%

Shares of AHLT stock traded down $0.13 during trading hours on Friday, reaching $30.59. 10,771 shares of the stock traded hands, compared to its average volume of 33,332. American Beacon AHL Trend ETF has a 1-year low of $24.57 and a 1-year high of $32.38. The business has a fifty day moving average price of $30.22 and a 200 day moving average price of $29.36.

About American Beacon AHL Trend ETF

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.