American Beacon AHL Trend ETF (NYSEARCA:AHLT) Short Interest Update

American Beacon AHL Trend ETF (NYSEARCA:AHLT) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 4,200 shares, a drop of 62.1% from the November 30th total of 11,091 shares. Based on an average daily volume of 11,393 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 11,393 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On American Beacon AHL Trend ETF

Hedge funds have recently modified their holdings of the company. Mutual Advisors LLC bought a new position in American Beacon AHL Trend ETF during the second quarter valued at about $227,000. Your Advocates Ltd. LLP grew its stake in shares of American Beacon AHL Trend ETF by 20.4% in the 2nd quarter. Your Advocates Ltd. LLP now owns 11,688 shares of the company’s stock worth $259,000 after purchasing an additional 1,982 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of American Beacon AHL Trend ETF in the 2nd quarter worth approximately $379,000. Comerica Bank raised its holdings in shares of American Beacon AHL Trend ETF by 53.4% in the 3rd quarter. Comerica Bank now owns 7,489 shares of the company’s stock worth $182,000 after purchasing an additional 2,608 shares in the last quarter. Finally, Abbington Investment Group acquired a new stake in American Beacon AHL Trend ETF during the third quarter valued at approximately $10,479,000.

American Beacon AHL Trend ETF Stock Performance

Shares of NYSEARCA AHLT traded up $0.59 during midday trading on Friday, hitting $27.23. 1,265 shares of the company’s stock were exchanged, compared to its average volume of 9,848. American Beacon AHL Trend ETF has a twelve month low of $21.17 and a twelve month high of $27.23. The stock’s 50 day moving average price is $25.55 and its 200-day moving average price is $23.83.

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.