Short Interest in iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) Drops By 82.6%

iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 1,362 shares, a decline of 82.6% from the April 30th total of 7,843 shares. Based on an average daily volume of 36,185 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

iShares US & Intl High Yield Corp Bond ETF Price Performance

Shares of BATS:GHYG opened at $45.45 on Thursday. The business’s 50 day simple moving average is $45.36 and its 200-day simple moving average is $45.79. The firm has a market capitalization of $163.62 million, a price-to-earnings ratio of 11.09 and a beta of 0.44. iShares US & Intl High Yield Corp Bond ETF has a 12 month low of $44.39 and a 12 month high of $46.88.

Institutional Investors Weigh In On iShares US & Intl High Yield Corp Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GHYG. Jones Financial Companies Lllp lifted its stake in 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 buying an additional 9,374 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in iShares US & Intl High Yield Corp Bond ETF by 110.3% in the 1st quarter. Bank of New York Mellon Corp now owns 15,098 shares of the company’s stock valued at $681,000 after acquiring an additional 7,920 shares during the last quarter. Mount Lucas Management LP increased its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 3.6% during the 3rd quarter. Mount Lucas Management LP now owns 41,136 shares of the company’s stock worth $1,914,000 after buying an additional 1,448 shares during the last quarter. Hilltop Partners LLC increased its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 2.8% during the 3rd quarter. Hilltop Partners LLC now owns 183,354 shares of the company’s stock worth $8,533,000 after buying an additional 4,946 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 11.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 556,153 shares of the company’s stock worth $25,878,000 after buying an additional 56,213 shares during the last quarter.

iShares US & Intl High Yield Corp Bond ETF Company Profile

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.