State Street Blackstone High Income ETF (BATS:HYBL) Short Interest Update

State Street Blackstone High Income ETF (BATS:HYBL) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 39,867 shares, a drop of 40.0% from the June 15th total of 66,401 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 117,049 shares, the days-to-cover ratio is currently 0.3 days.

State Street Blackstone High Income ETF Stock Performance

Shares of HYBL stock opened at $27.94 on Thursday. State Street Blackstone High Income ETF has a 1-year low of $27.60 and a 1-year high of $28.69. The stock’s fifty day moving average price is $27.98 and its 200 day moving average price is $28.09.

Institutional Investors Weigh In On State Street Blackstone High Income ETF

A number of large investors have recently modified their holdings of HYBL. Western Wealth Management LLC purchased a new position in shares of State Street Blackstone High Income ETF in the 1st quarter valued at approximately $33,000. Farther Finance Advisors LLC acquired a new stake in State Street Blackstone High Income ETF in the 4th quarter worth approximately $35,000. Sound Income Strategies LLC grew its position in State Street Blackstone High Income ETF by 371.4% during the 1st quarter. Sound Income Strategies LLC now owns 1,650 shares of the company’s stock worth $46,000 after purchasing an additional 1,300 shares during the last quarter. Waverly Advisors LLC purchased a new stake in State Street Blackstone High Income ETF during the 1st quarter worth approximately $66,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in State Street Blackstone High Income ETF during the 3rd quarter valued at approximately $119,000.

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.