AB Ultra Short Income ETF (NYSEARCA:YEAR) Short Interest Update

AB Ultra Short Income ETF (NYSEARCA:YEAR) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 16,666 shares, a decline of 68.1% from the June 15th total of 52,242 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 136,212 shares, the short-interest ratio is currently 0.1 days.

AB Ultra Short Income ETF Stock Up 0.1%

NYSEARCA:YEAR traded up $0.04 during trading hours on Tuesday, hitting $50.25. The stock had a trading volume of 107,751 shares, compared to its average volume of 178,138. The business has a 50 day simple moving average of $50.29 and a two-hundred day simple moving average of $50.41. AB Ultra Short Income ETF has a 1-year low of $50.17 and a 1-year high of $50.82.

Hedge Funds Weigh In On AB Ultra Short Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC purchased a new stake in shares of AB Ultra Short Income ETF during the fourth quarter worth about $73,000. Wagner Wealth Management LLC purchased a new position in AB Ultra Short Income ETF in the first quarter valued at about $127,000. Colonial Trust Advisors grew its stake in AB Ultra Short Income ETF by 59.7% during the 4th quarter. Colonial Trust Advisors now owns 2,675 shares of the company’s stock valued at $135,000 after purchasing an additional 1,000 shares in the last quarter. Rothschild Investment LLC grew its stake in AB Ultra Short Income ETF by 25.2% during the 4th quarter. Rothschild Investment LLC now owns 4,975 shares of the company’s stock valued at $251,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Sun Financial Inc acquired a new stake in AB Ultra Short Income ETF during the 4th quarter valued at approximately $254,000.

About AB Ultra Short Income ETF

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.