Short Interest in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Decreases By 17.2%

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) was the target of a large drop in short interest in March. As of March 31st, there was short interest totaling 328,932 shares, a drop of 17.2% from the March 15th total of 397,403 shares. Based on an average trading volume of 385,508 shares, the short-interest ratio is presently 0.9 days. Approximately 1.3% of the shares of the company are short sold.

VanEck Emerging Markets High Yield Bond ETF Stock Up 0.2%

HYEM traded up $0.04 on Friday, hitting $20.14. The company had a trading volume of 84,527 shares, compared to its average volume of 221,522. The company’s fifty day moving average price is $19.97 and its 200 day moving average price is $19.97. VanEck Emerging Markets High Yield Bond ETF has a 1-year low of $18.88 and a 1-year high of $20.34.

Institutional Trading of VanEck Emerging Markets High Yield Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Harbour Investments Inc. grew its stake in VanEck Emerging Markets High Yield Bond ETF by 11.5% in the 4th quarter. Harbour Investments Inc. now owns 4,936 shares of the company’s stock valued at $98,000 after buying an additional 510 shares during the last quarter. Cetera Investment Advisers boosted its holdings in VanEck Emerging Markets High Yield Bond ETF by 0.5% during the fourth quarter. Cetera Investment Advisers now owns 109,786 shares of the company’s stock valued at $2,184,000 after acquiring an additional 530 shares during the period. Coastal Bridge Advisors LLC boosted its holdings in VanEck Emerging Markets High Yield Bond ETF by 4.3% during the fourth quarter. Coastal Bridge Advisors LLC now owns 14,239 shares of the company’s stock valued at $283,000 after acquiring an additional 585 shares during the period. Tidal Investments LLC grew its position in shares of VanEck Emerging Markets High Yield Bond ETF by 2.2% in the second quarter. Tidal Investments LLC now owns 42,744 shares of the company’s stock valued at $842,000 after purchasing an additional 938 shares during the last quarter. Finally, Jones Financial Companies Lllp acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the first quarter valued at about $25,000.

VanEck Emerging Markets High Yield Bond ETF Company Profile

The VanEck Emerging Markets High Yield Bond ETF (HYEM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index that measures the performance of sub-investment-grade corporate debt from emerging markets. HYEM was launched on May 9, 2012 and is managed by VanEck.