iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) Sees Significant Drop in Short Interest

iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 7,015 shares, a decrease of 60.8% from the August 15th total of 17,880 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 13,200 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares US & Intl High Yield Corp Bond ETF

Large investors have recently modified their holdings of the business. Nilsine Partners LLC boosted its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 2.1% in the 2nd quarter. Nilsine Partners LLC now owns 32,498 shares of the company’s stock valued at $1,472,000 after purchasing an additional 661 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 110.3% during the 1st quarter. Bank of New York Mellon Corp now owns 15,098 shares of the company’s stock worth $681,000 after buying an additional 7,920 shares in the last quarter. Hilltop Partners LLC raised its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 6.9% during the 4th quarter. Hilltop Partners LLC now owns 196,093 shares of the company’s stock worth $9,046,000 after buying an additional 12,739 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares US & Intl High Yield Corp Bond ETF by 11.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 556,153 shares of the company’s stock worth $25,878,000 after buying an additional 56,213 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of iShares US & Intl High Yield Corp Bond ETF by 18,748.0% during the 1st quarter. Jones Financial Companies Lllp now owns 9,424 shares of the company’s stock worth $420,000 after buying an additional 9,374 shares during the last quarter.

iShares US & Intl High Yield Corp Bond ETF Stock Down 0.1%

GHYG stock opened at $44.62 on Friday. The company’s 50-day moving average price is $45.14 and its two-hundred day moving average price is $45.28. The firm has a market cap of $160.63 million, a P/E ratio of 11.09 and a beta of 0.44. iShares US & Intl High Yield Corp Bond ETF has a 12 month low of $44.39 and a 12 month high of $46.88.

iShares US & Intl High Yield Corp Bond ETF Company Profile

The iShares US & Intl High Yield Corp Bond ETF (GHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield bonds issued in developed markets and denominated in local currencies. GHYG was launched on Apr 3, 2012 and is managed by BlackRock.