American Beacon AHL Trend ETF (NYSEARCA:AHLT) Short Interest Update
by Jessica Moore · The Cerbat GemAmerican Beacon AHL Trend ETF (NYSEARCA:AHLT – Get Free Report) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 4,200 shares, a decline of 62.1% from the November 30th total of 11,091 shares. Based on an average daily volume of 11,393 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 11,393 shares, the short-interest ratio is currently 0.4 days.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Comerica Bank lifted its holdings in shares of American Beacon AHL Trend ETF by 53.4% during the 3rd quarter. Comerica Bank now owns 7,489 shares of the company’s stock valued at $182,000 after buying an additional 2,608 shares during the last quarter. Mutual Advisors LLC acquired a new position in American Beacon AHL Trend ETF in the second quarter worth approximately $227,000. Your Advocates Ltd. LLP raised its position in American Beacon AHL Trend ETF by 20.4% during the second quarter. Your Advocates Ltd. LLP now owns 11,688 shares of the company’s stock valued at $259,000 after acquiring an additional 1,982 shares in the last quarter. Jane Street Group LLC bought a new position in American Beacon AHL Trend ETF during the second quarter valued at approximately $379,000. Finally, Abbington Investment Group bought a new stake in American Beacon AHL Trend ETF in the third quarter worth approximately $10,479,000.
American Beacon AHL Trend ETF Stock Up 2.2%
AHLT stock traded up $0.59 during midday trading on Friday, reaching $27.23. The company had a trading volume of 1,265 shares, compared to its average volume of 9,848. The company has a 50 day moving average of $25.55 and a two-hundred day moving average of $23.83. American Beacon AHL Trend ETF has a 1 year low of $21.17 and a 1 year high of $27.23.
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.