State Street Blackstone High Income ETF (BATS:HYBL) Short Interest Up 85.5% in June

State Street Blackstone High Income ETF (BATS:HYBL) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 66,401 shares, a growth of 85.5% from the May 31st total of 35,805 shares. Based on an average daily volume of 100,170 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.5% of the shares of the stock are sold short.

State Street Blackstone High Income ETF Price Performance

Shares of BATS:HYBL opened at $27.80 on Thursday. The firm has a fifty day moving average price of $28.04 and a two-hundred day moving average price of $28.13. State Street Blackstone High Income ETF has a one year low of $27.60 and a one year high of $28.69.

Institutional Investors Weigh In On State Street Blackstone High Income ETF

Several large investors have recently added to or reduced their stakes in HYBL. ZEGA Investments LLC grew its position in State Street Blackstone High Income ETF by 31.7% during the fourth quarter. ZEGA Investments LLC now owns 1,685,210 shares of the company’s stock worth $47,927,000 after buying an additional 405,530 shares in the last quarter. Concord Wealth Partners raised its holdings in shares of State Street Blackstone High Income ETF by 4.1% in the 4th quarter. Concord Wealth Partners now owns 1,140,550 shares of the company’s stock valued at $32,437,000 after acquiring an additional 45,399 shares in the last quarter. Concord Asset Management LLC VA raised its holdings in shares of State Street Blackstone High Income ETF by 3.6% in the 4th quarter. Concord Asset Management LLC VA now owns 1,076,804 shares of the company’s stock valued at $30,624,000 after acquiring an additional 37,632 shares in the last quarter. UBS Group AG boosted its position in shares of State Street Blackstone High Income ETF by 5.5% during the 4th quarter. UBS Group AG now owns 997,998 shares of the company’s stock valued at $28,383,000 after acquiring an additional 51,752 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of State Street Blackstone High Income ETF by 2.1% during the 3rd quarter. Raymond James Financial Inc. now owns 948,938 shares of the company’s stock valued at $27,187,000 after acquiring an additional 19,554 shares during the last quarter.

State Street Blackstone High Income ETF Company Profile

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.