iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 336,504 shares, a decrease of 58.8% from the February 15th total of 816,794 shares. Based on an average daily trading volume, of 332,805 shares, the short-interest ratio is currently 1.0 days.

Shares of NYSEARCA SHYG opened at $46.62 on Thursday. iShares 0-5 Year High Yield Corporate Bond ETF has a 52 week low of $43.84 and a 52 week high of $47.13.

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were given a $0.2017 dividend. The ex-dividend date was Friday, March 1st. This represents a $2.42 dividend on an annualized basis and a yield of 5.19%.

Hedge funds and other institutional investors have recently modified their holdings of the stock. GFS Advisors LLC purchased a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter worth approximately $738,000. SeaBridge Investment Advisors LLC boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 1.9% in the 4th quarter. SeaBridge Investment Advisors LLC now owns 65,900 shares of the company’s stock worth $2,936,000 after purchasing an additional 1,260 shares in the last quarter. Bank of New York Mellon Corp boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 0.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 287,522 shares of the company’s stock worth $13,537,000 after purchasing an additional 1,816 shares in the last quarter. Towercrest Capital Management boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 113.5% in the 3rd quarter. Towercrest Capital Management now owns 205,284 shares of the company’s stock worth $13,951,000 after purchasing an additional 109,137 shares in the last quarter. Finally, Quad Cities Investment Group LLC boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 51.2% in the 4th quarter. Quad Cities Investment Group LLC now owns 2,509 shares of the company’s stock worth $112,000 after purchasing an additional 850 shares in the last quarter.

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