AB High Yield ETF (NYSEARCA:HYFI) Short Interest Update

AB High Yield ETF (NYSEARCA:HYFI) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 8,300 shares, an increase of 93.0% from the May 15th total of 4,300 shares. Based on an average daily volume of 28,700 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

AB High Yield ETF Stock Up 0.2%

Shares of HYFI stock traded up $0.06 on Monday, hitting $37.03. 9,683 shares of the stock were exchanged, compared to its average volume of 25,839. The firm’s 50 day moving average is $36.62 and its two-hundred day moving average is $36.92. AB High Yield ETF has a one year low of $34.74 and a one year high of $40.14.

Institutional Investors Weigh In On AB High Yield ETF

Several large investors have recently added to or reduced their stakes in HYFI. Kingsview Wealth Management LLC increased its holdings in AB High Yield ETF by 7.8% in the 4th quarter. Kingsview Wealth Management LLC now owns 11,877 shares of the company’s stock worth $438,000 after acquiring an additional 856 shares during the last quarter. Atria Wealth Solutions Inc. grew its holdings in AB High Yield ETF by 10.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 6,494 shares of the company’s stock valued at $241,000 after buying an additional 622 shares in the last quarter. Private Advisor Group LLC grew its holdings in AB High Yield ETF by 45.6% during the 4th quarter. Private Advisor Group LLC now owns 128,667 shares of the company’s stock valued at $4,747,000 after buying an additional 40,275 shares in the last quarter. Sigma Planning Corp purchased a new position in shares of AB High Yield ETF during the fourth quarter worth about $206,000. Finally, Fjell Capital LLC purchased a new position in shares of AB High Yield ETF during the fourth quarter worth about $3,348,000.

AB High Yield ETF Company Profile

The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis.