Short Interest in iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) Grows By 17,894.1%

iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 119,301 shares, an increase of 17,894.1% from the June 30th total of 663 shares. Based on an average daily trading volume, of 49,849 shares, the days-to-cover ratio is currently 2.4 days. Currently, 3.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp grew its position in shares of iShares US & Intl High Yield Corp Bond ETF by 18,748.0% in the 1st quarter. Jones Financial Companies Lllp now owns 9,424 shares of the company’s stock valued at $420,000 after purchasing an additional 9,374 shares during the period. Bank of New York Mellon Corp raised its holdings in iShares US & Intl High Yield Corp Bond ETF by 110.3% during the 1st quarter. Bank of New York Mellon Corp now owns 15,098 shares of the company’s stock worth $681,000 after buying an additional 7,920 shares during the period. Hilltop Partners LLC lifted its stake in iShares US & Intl High Yield Corp Bond ETF by 2.8% in the third quarter. Hilltop Partners LLC now owns 183,354 shares of the company’s stock valued at $8,533,000 after buying an additional 4,946 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in iShares US & Intl High Yield Corp Bond ETF by 11.2% in the third quarter. Ameriprise Financial Inc. now owns 556,153 shares of the company’s stock valued at $25,878,000 after buying an additional 56,213 shares in the last quarter.

iShares US & Intl High Yield Corp Bond ETF Stock Down 0.1%

BATS GHYG traded down $0.04 during trading hours on Friday, hitting $44.86. The company’s stock had a trading volume of 6,807 shares, compared to its average volume of 30,308. The stock has a fifty day moving average of $45.20 and a 200 day moving average of $45.56. iShares US & Intl High Yield Corp Bond ETF has a twelve month low of $44.39 and a twelve month high of $46.88. The firm has a market capitalization of $161.50 million, a P/E ratio of 11.09 and a beta of 0.44.

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.