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

AB Ultra Short Income ETF (NYSEARCA:YEAR) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 51,357 shares, a growth of 150.6% from the December 15th total of 20,490 shares. Based on an average trading volume of 195,426 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 195,426 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On AB Ultra Short Income ETF

Large investors have recently made changes to their positions in the business. Colonial Trust Advisors acquired a new stake in shares of AB Ultra Short Income ETF during the second quarter valued at about $85,000. S.A. Mason LLC purchased a new position in AB Ultra Short Income ETF in the second quarter valued at about $119,000. Rothschild Investment LLC grew its stake in AB Ultra Short Income ETF by 256.0% during the 2nd quarter. Rothschild Investment LLC now owns 4,450 shares of the company’s stock valued at $225,000 after purchasing an additional 3,200 shares in the last quarter. Claro Advisors LLC purchased a new stake in AB Ultra Short Income ETF during the 2nd quarter worth approximately $243,000. Finally, Next Level Private LLC acquired a new position in shares of AB Ultra Short Income ETF in the 4th quarter valued at approximately $351,000.

AB Ultra Short Income ETF Stock Performance

AB Ultra Short Income ETF stock opened at $50.53 on Friday. AB Ultra Short Income ETF has a 12 month low of $50.10 and a 12 month high of $50.82. The stock’s 50-day moving average is $50.58 and its 200-day moving average is $50.58.

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.