VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) Sees Large Drop in Short Interest

VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 5 shares, a decline of 99.4% from the May 14th total of 890 shares. Based on an average daily volume of 2,095 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

VanEck Moodys Analytics BBB Corporate Bond ETF Price Performance

Shares of BATS MBBB opened at $21.26 on Wednesday. VanEck Moodys Analytics BBB Corporate Bond ETF has a 12 month low of $21.11 and a 12 month high of $22.12. The business has a 50-day moving average of $21.38 and a 200-day moving average of $21.58.

About VanEck Moodys Analytics BBB Corporate Bond ETF

The VanEck Moody’s Analytics BBB Corporate Bond ETF (MBBB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB-rated corporate bonds issued in the US domestic market. MBBB was launched on Dec 1, 2020 and is managed by VanEck.