AB Ultra Short Income ETF (NYSEARCA:YEAR) Short Interest Down 69.8% in January

by · The Markets Daily

AB Ultra Short Income ETF (NYSEARCA:YEAR – Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 15,502 shares, a decrease of 69.8% from the December 31st total of 51,357 shares. Based on an average daily volume of 214,031 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 214,031 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. N.E.W. Advisory Services LLC bought a new position in AB Ultra Short Income ETF in the 4th quarter valued at about $73,000. Colonial Trust Advisors acquired a new position in shares of AB Ultra Short Income ETF during the second quarter valued at approximately $85,000. Rothschild Investment LLC raised its holdings in AB Ultra Short Income ETF by 256.0% during the second quarter. Rothschild Investment LLC now owns 4,450 shares of the company’s stock worth $225,000 after purchasing an additional 3,200 shares in the last quarter. Claro Advisors LLC acquired a new stake in AB Ultra Short Income ETF in the second quarter worth approximately $243,000. Finally, Next Level Private LLC bought a new position in AB Ultra Short Income ETF during the 4th quarter valued at $351,000.

AB Ultra Short Income ETF Stock Performance

Shares of YEAR traded up $0.04 during mid-day trading on Friday, reaching $50.63. 72,626 shares of the company’s stock traded hands, compared to its average volume of 194,316. The business’s 50-day moving average price is $50.58 and its 200-day moving average price is $50.59. AB Ultra Short Income ETF has a 12 month low of $50.10 and a 12 month high of $50.82.

About AB Ultra Short Income ETF

(Get Free Report)

The Ab Ultra Short Income ETF (YEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides exposure to government and corporate ultra-short-term bonds from the United States. The fund seeks to maintain a dollar-weighted average duration of less than one year. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.

Featured Articles