iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) Short Interest Update

iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totaling 12,545 shares, a decrease of 65.6% from the December 31st total of 36,449 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 50,958 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 50,958 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

iShares Yield Optimized Bond ETF Trading Up 0.0%

NYSEARCA:BYLD traded up $0.01 on Thursday, hitting $22.90. 51,078 shares of the company’s stock traded hands, compared to its average volume of 51,036. The company has a market cap of $310.30 million, a PE ratio of 10.76 and a beta of 0.26. iShares Yield Optimized Bond ETF has a 1 year low of $21.55 and a 1 year high of $23.14. The firm has a 50-day moving average price of $22.85 and a 200-day moving average price of $22.80.

Institutional Investors Weigh In On iShares Yield Optimized Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Focus Partners Wealth increased its stake in shares of iShares Yield Optimized Bond ETF by 6.3% in the third quarter. Focus Partners Wealth now owns 525,381 shares of the company’s stock worth $12,042,000 after acquiring an additional 31,285 shares during the last quarter. Osaic Holdings Inc. grew its stake in iShares Yield Optimized Bond ETF by 153.1% in the second quarter. Osaic Holdings Inc. now owns 348,292 shares of the company’s stock valued at $7,875,000 after purchasing an additional 210,661 shares in the last quarter. Trivium Point Advisory LLC grew its stake in iShares Yield Optimized Bond ETF by 15.6% in the third quarter. Trivium Point Advisory LLC now owns 345,631 shares of the company’s stock valued at $7,922,000 after purchasing an additional 46,533 shares in the last quarter. Bank of America Corp DE increased its holdings in iShares Yield Optimized Bond ETF by 6.2% in the third quarter. Bank of America Corp DE now owns 331,408 shares of the company’s stock worth $7,596,000 after buying an additional 19,469 shares during the last quarter. Finally, Altman Advisors Inc. increased its stake in shares of iShares Yield Optimized Bond ETF by 1.4% during the 3rd quarter. Altman Advisors Inc. now owns 262,498 shares of the company’s stock worth $6,016,000 after purchasing an additional 3,736 shares during the last quarter.

iShares Yield Optimized Bond ETF Company Profile

The iShares Yield Optimized Bond ETF (BYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that tracks a broad index of debt securities optimized for yield and mean variance. BYLD was launched on Apr 22, 2014 and is managed by BlackRock.