AB Ultra Short Income ETF (NYSEARCA:YEAR) Short Interest Down 14.2% in January

AB Ultra Short Income ETF (NYSEARCA:YEAR) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 13,303 shares, a decrease of 14.2% from the January 15th total of 15,502 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 180,968 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 180,968 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Trading of AB Ultra Short Income ETF

Several large investors have recently modified their holdings of the business. N.E.W. Advisory Services LLC bought a new position in AB Ultra Short Income ETF during the 4th quarter valued at approximately $73,000. Colonial Trust Advisors bought a new stake in shares of AB Ultra Short Income ETF in the 2nd quarter worth approximately $85,000. Rothschild Investment LLC increased its stake in shares of AB Ultra Short Income ETF by 256.0% during the second quarter. Rothschild Investment LLC now owns 4,450 shares of the company’s stock valued at $225,000 after buying an additional 3,200 shares during the period. Claro Advisors LLC bought a new position in shares of AB Ultra Short Income ETF during the second quarter valued at approximately $243,000. Finally, Sun Financial Inc bought a new position in shares of AB Ultra Short Income ETF during the fourth quarter valued at approximately $254,000.

AB Ultra Short Income ETF Stock Down 0.0%

Shares of NYSEARCA YEAR opened at $50.56 on Thursday. The firm’s fifty day moving average is $50.56 and its 200 day moving average is $50.59. AB Ultra Short Income ETF has a 52 week low of $50.36 and a 52 week high of $50.82.

AB Ultra Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.1709 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

AB Ultra Short Income ETF Company Profile

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.