American Beacon AHL Trend ETF (NYSEARCA:AHLT) Sees Large Growth in Short Interest

American Beacon AHL Trend ETF (NYSEARCA:AHLT) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 29,656 shares, an increase of 25.0% from the January 15th total of 23,732 shares. Based on an average daily volume of 22,239 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.7% of the shares of the company are sold short. Currently, 1.7% of the shares of the company are sold short. Based on an average daily volume of 22,239 shares, the days-to-cover ratio is presently 1.3 days.

American Beacon AHL Trend ETF Price Performance

Shares of NYSEARCA AHLT traded up $0.08 during midday trading on Monday, reaching $28.35. 6,875 shares of the company traded hands, compared to its average volume of 17,436. The stock has a 50-day moving average price of $27.56 and a 200 day moving average price of $25.29. American Beacon AHL Trend ETF has a 52 week low of $21.17 and a 52 week high of $30.53.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Abbington Investment Group raised its holdings in American Beacon AHL Trend ETF by 16.7% during the fourth quarter. Abbington Investment Group now owns 502,556 shares of the company’s stock worth $13,236,000 after purchasing an additional 72,043 shares in the last quarter. Pursuit Wealth Management LLC acquired a new stake in shares of American Beacon AHL Trend ETF in the fourth quarter valued at $1,212,000. Your Advocates Ltd. LLP boosted its stake in American Beacon AHL Trend ETF by 141.1% during the third quarter. Your Advocates Ltd. LLP now owns 28,185 shares of the company’s stock valued at $686,000 after buying an additional 16,497 shares in the last quarter. Jane Street Group LLC acquired a new position in American Beacon AHL Trend ETF during the second quarter worth about $379,000. Finally, Mutual Advisors LLC bought a new stake in American Beacon AHL Trend ETF in the second quarter worth about $227,000.

American Beacon AHL Trend ETF Company Profile

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.