VanEck International High Yield Bond ETF (NYSEARCA:IHY) Short Interest Up 55.5% in July

VanEck International High Yield Bond ETF (NYSEARCA:IHY) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 3,108 shares, an increase of 55.5% from the July 15th total of 1,999 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 9,820 shares, the short-interest ratio is currently 0.3 days.

VanEck International High Yield Bond ETF Price Performance

NYSEARCA IHY opened at $21.62 on Tuesday. The company’s fifty day moving average is $21.63 and its two-hundred day moving average is $21.77. VanEck International High Yield Bond ETF has a 52-week low of $21.18 and a 52-week high of $22.50. The firm has a market capitalization of $43.24 million, a price-to-earnings ratio of 62.17 and a beta of 0.41.

Institutional Trading of VanEck International High Yield Bond ETF

Institutional investors have recently made changes to their positions in the business. Jones Financial Companies Lllp boosted its stake in VanEck International High Yield Bond ETF by 45.0% in the 1st quarter. Jones Financial Companies Lllp now owns 2,850 shares of the company’s stock valued at $60,000 after buying an additional 884 shares in the last quarter. Banque Cantonale Vaudoise grew its stake in shares of VanEck International High Yield Bond ETF by 17.5% during the third quarter. Banque Cantonale Vaudoise now owns 3,374 shares of the company’s stock valued at $75,000 after purchasing an additional 503 shares during the last quarter. Bank of America Corp DE boosted its position in VanEck International High Yield Bond ETF by 7.1% in the 2nd quarter. Bank of America Corp DE now owns 9,165 shares of the company’s stock valued at $202,000 after buying an additional 610 shares during the last quarter. Flow Traders U.S. LLC bought a new position in VanEck International High Yield Bond ETF in the second quarter valued at about $272,000. Finally, Osaic Holdings Inc. grew its position in shares of VanEck International High Yield Bond ETF by 5.1% during the 2nd quarter. Osaic Holdings Inc. now owns 14,469 shares of the company’s stock worth $319,000 after buying an additional 700 shares during the period.

VanEck International High Yield Bond ETF Company Profile

The VanEck International High Yield Bond ETF (IHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of international corporate bonds rated below investment grade and denominated in developed-market currencies. IHY was launched on Apr 2, 2012 and is managed by VanEck.