iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) Stock Short Interest Report for September

iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 37,467 shares, a decrease of 41.8% from the September 15th total of 64,429 shares. Based on an average trading volume of 153,896 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares Yield Optimized Bond ETF

A number of large investors have recently made changes to their positions in BYLD. Horizon Wealth Management LLC purchased a new stake in iShares Yield Optimized Bond ETF during the first quarter worth about $51,833,000. Bank of America Corp DE grew its holdings in shares of iShares Yield Optimized Bond ETF by 4.4% in the 1st quarter. Bank of America Corp DE now owns 397,860 shares of the company’s stock worth $8,964,000 after acquiring an additional 16,660 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares Yield Optimized Bond ETF by 3.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 376,958 shares of the company’s stock worth $8,538,000 after acquiring an additional 12,317 shares during the period. Cetera Investment Advisers increased its stake in iShares Yield Optimized Bond ETF by 37.5% in the 1st quarter. Cetera Investment Advisers now owns 272,348 shares of the company’s stock valued at $6,136,000 after purchasing an additional 74,285 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in iShares Yield Optimized Bond ETF in the 2nd quarter valued at approximately $4,594,000.

iShares Yield Optimized Bond ETF Stock Performance

iShares Yield Optimized Bond ETF stock traded up $0.12 during midday trading on Thursday, reaching $21.73. The company’s stock had a trading volume of 26,543 shares, compared to its average volume of 103,429. The firm has a market capitalization of $419.33 million, a PE ratio of 10.76 and a beta of 0.27. iShares Yield Optimized Bond ETF has a fifty-two week low of $21.39 and a fifty-two week high of $23.14. The stock’s 50 day simple moving average is $22.02 and its 200 day simple moving average is $22.36.

About iShares Yield Optimized Bond ETF

The iShares Yield Optimized Bond ETF (BYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that tracks a broad index of debt securities optimized for yield and mean variance. BYLD was launched on Apr 22, 2014 and is managed by BlackRock.