VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Sees Significant Decrease in Short Interest

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) saw a large decrease in short interest in February. As of February 27th, there was short interest totaling 510,562 shares, a decrease of 36.7% from the February 12th total of 806,358 shares. Based on an average daily volume of 118,683 shares, the short-interest ratio is currently 4.3 days. Approximately 2.3% of the company’s shares are short sold. Approximately 2.3% of the company’s shares are short sold. Based on an average daily volume of 118,683 shares, the short-interest ratio is currently 4.3 days.

Institutional Investors Weigh In On VanEck Emerging Markets High Yield Bond ETF

A number of large investors have recently added to or reduced their stakes in HYEM. Jones Financial Companies Lllp bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the first quarter valued at about $25,000. Camelot Portfolios LLC bought a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the fourth quarter worth about $27,000. Advisory Services Network LLC purchased a new position in VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter valued at about $45,000. MRP Capital Investments LLC purchased a new position in VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter valued at about $56,000. Finally, Farther Finance Advisors LLC raised its position in VanEck Emerging Markets High Yield Bond ETF by 5,039.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,266 shares of the company’s stock valued at $86,000 after purchasing an additional 4,183 shares during the last quarter.

VanEck Emerging Markets High Yield Bond ETF Stock Down 0.2%

Shares of NYSEARCA:HYEM traded down $0.03 on Friday, reaching $19.90. 631,772 shares of the company traded hands, compared to its average volume of 193,499. The business’s 50-day simple moving average is $20.10 and its 200 day simple moving average is $20.02. VanEck Emerging Markets High Yield Bond ETF has a 52 week low of $18.43 and a 52 week high of $20.34.

VanEck Emerging Markets High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.0997 per share. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date was Monday, March 2nd.

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.