Short Interest in State Street Blackstone High Income ETF (BATS:HYBL) Expands By 254.9%

State Street Blackstone High Income ETF (BATS:HYBL) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 35,805 shares, a growth of 254.9% from the May 14th total of 10,088 shares. Based on an average daily volume of 97,584 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Trading of State Street Blackstone High Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Pallas Capital Advisors LLC increased its holdings in State Street Blackstone High Income ETF by 4.4% during the third quarter. Pallas Capital Advisors LLC now owns 425,571 shares of the company’s stock valued at $12,193,000 after buying an additional 17,971 shares during the last quarter. UBS Group AG increased its holdings in State Street Blackstone High Income ETF by 5.5% during the fourth quarter. UBS Group AG now owns 997,998 shares of the company’s stock valued at $28,383,000 after buying an additional 51,752 shares during the last quarter. Concord Asset Management LLC VA increased its holdings in State Street Blackstone High Income ETF by 3.6% during the fourth quarter. Concord Asset Management LLC VA now owns 1,076,804 shares of the company’s stock valued at $30,624,000 after buying an additional 37,632 shares during the last quarter. Luken Investment Analytics LLC increased its holdings in State Street Blackstone High Income ETF by 3.8% during the fourth quarter. Luken Investment Analytics LLC now owns 577,598 shares of the company’s stock valued at $16,427,000 after buying an additional 20,992 shares during the last quarter. Finally, OneAscent Family Office LLC increased its holdings in State Street Blackstone High Income ETF by 60.1% during the fourth quarter. OneAscent Family Office LLC now owns 52,448 shares of the company’s stock valued at $1,492,000 after buying an additional 19,688 shares during the last quarter.

State Street Blackstone High Income ETF Stock Down 0.1%

Shares of HYBL traded down $0.02 during mid-day trading on Friday, hitting $27.96. 24,126 shares of the company traded hands, compared to its average volume of 166,602. The stock has a 50-day moving average price of $28.02 and a two-hundred day moving average price of $28.18. State Street Blackstone High Income ETF has a 1 year low of $27.60 and a 1 year high of $28.69.

About State Street Blackstone High Income ETF

The SPDR Blackstone High Income ETF (HYBL) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund seeks to provide risk-adjusted total return and high current income through an actively managed portfolio of USD-denominated high yield corporate bonds, senior loans, and collateralized loan obligations (CLOs) of any maturity. HYBL was launched on Feb 17, 2022 and is managed by State Street.