American Century Select High Yield ETF (NYSEARCA:AHYB) Short Interest Up 269.0% in January

American Century Select High Yield ETF (NYSEARCA:AHYB) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 915 shares, a growth of 269.0% from the January 15th total of 248 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,306 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 2,306 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

American Century Select High Yield ETF Stock Down 0.1%

AHYB stock traded down $0.02 during midday trading on Wednesday, reaching $46.79. 2,323 shares of the company were exchanged, compared to its average volume of 2,712. American Century Select High Yield ETF has a 1-year low of $43.55 and a 1-year high of $47.06. The stock’s 50-day simple moving average is $46.77 and its 200 day simple moving average is $46.68.

American Century Select High Yield ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were given a dividend of $0.249 per share. This represents a c) annualized dividend and a yield of 6.4%. This is a positive change from American Century Select High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Thursday, February 5th.

Hedge Funds Weigh In On American Century Select High Yield ETF

A number of hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. increased its holdings in shares of American Century Select High Yield ETF by 0.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 605,592 shares of the company’s stock valued at $28,242,000 after acquiring an additional 5,382 shares during the period. AE Wealth Management LLC increased its stake in American Century Select High Yield ETF by 34.6% in the second quarter. AE Wealth Management LLC now owns 7,440 shares of the company’s stock valued at $347,000 after purchasing an additional 1,913 shares during the period. Jane Street Group LLC acquired a new position in American Century Select High Yield ETF in the second quarter valued at $298,000. Networth Advisors LLC purchased a new stake in shares of American Century Select High Yield ETF in the fourth quarter valued at about $2,158,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of American Century Select High Yield ETF during the fourth quarter worth about $60,000.

American Century Select High Yield ETF Company Profile

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.