iShares High Yield Systematic Bond ETF (BATS:HYDB – Get Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 41,593 shares, an increase of 94.7% from the August 15th total of 21,365 shares. Based on an average trading volume of 152,616 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.
iShares High Yield Systematic Bond ETF Price Performance
iShares High Yield Systematic Bond ETF stock traded down $0.01 during mid-day trading on Tuesday, hitting $45.85. The stock had a trading volume of 16,038 shares, compared to its average volume of 229,897. The stock has a 50-day simple moving average of $46.39 and a two-hundred day simple moving average of $46.63. iShares High Yield Systematic Bond ETF has a 12 month low of $45.81 and a 12 month high of $47.99.
Institutional Investors Weigh In On iShares High Yield Systematic Bond ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in HYDB. Continuum Advisory LLC acquired a new position in shares of iShares High Yield Systematic Bond ETF in the second quarter valued at approximately $121,000. Atlantic Private Wealth LLC acquired a new position in iShares High Yield Systematic Bond ETF in the 2nd quarter valued at $126,000. DMC Group LLC acquired a new position in iShares High Yield Systematic Bond ETF in the 2nd quarter valued at $270,000. Operose Advisors LLC bought a new position in iShares High Yield Systematic Bond ETF during the 2nd quarter worth $365,000. Finally, NBT Bank N A NY lifted its holdings in shares of iShares High Yield Systematic Bond ETF by 13.3% during the first quarter. NBT Bank N A NY now owns 12,080 shares of the company’s stock worth $562,000 after buying an additional 1,420 shares in the last quarter.
iShares High Yield Systematic Bond ETF Company Profile
The iShares High Yield Bond Factor ETF (HYDB) is an exchange-traded fund that is based on the BlackRock High Yield Defensive Bond index. The fund tracks a broad-maturity, multifactor index of high-yield bonds. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility. HYDB was launched on Jul 11, 2017 and is managed by BlackRock.
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