iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) Shares Shorted: Short Interest Down 51.1% in September

iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 3,432 shares, a decrease of 51.1% from the August 31st total of 7,015 shares. Based on an average daily volume of 9,116 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares US & Intl High Yield Corp Bond ETF stock. Nilsine Partners LLC grew its position in shares of iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) by 2.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,498 shares of the company’s stock after purchasing an additional 661 shares during the period. Nilsine Partners LLC owned approximately 0.90% of iShares US & Intl High Yield Corp Bond ETF worth $1,472,000 at the end of the most recent reporting period.

iShares US & Intl High Yield Corp Bond ETF Stock Performance

GHYG opened at $43.68 on Tuesday. The stock has a market capitalization of $157.25 million, a price-to-earnings ratio of 11.09 and a beta of 0.44. The company has a fifty day moving average of $44.94 and a 200 day moving average of $45.16. iShares US & Intl High Yield Corp Bond ETF has a fifty-two week low of $43.61 and a fifty-two week high of $46.87.

About iShares US & Intl High Yield Corp Bond ETF

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.