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

iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) was the target of a large decline in short interest during the month of 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 short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

iShares US & Intl High Yield Corp Bond ETF Stock Performance

BATS GHYG opened at $45.48 on Friday. iShares US & Intl High Yield Corp Bond ETF has a twelve month low of $44.39 and a twelve month high of $46.88. The stock has a market capitalization of $163.73 million, a PE ratio of 11.09 and a beta of 0.44. The stock has a 50-day simple moving average of $45.37 and a 200 day simple moving average of $45.79.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GHYG. Bank of New York Mellon Corp raised its position in shares of iShares US & Intl High Yield Corp Bond ETF by 110.3% during the first quarter. Bank of New York Mellon Corp now owns 15,098 shares of the company’s stock valued at $681,000 after buying an additional 7,920 shares during the last quarter. Hilltop Partners LLC increased its stake in iShares US & Intl High Yield Corp Bond ETF by 2.8% during the third quarter. Hilltop Partners LLC now owns 183,354 shares of the company’s stock valued at $8,533,000 after acquiring an additional 4,946 shares during the period. Ameriprise Financial Inc. increased its stake in iShares US & Intl High Yield Corp Bond ETF by 11.2% during the third quarter. Ameriprise Financial Inc. now owns 556,153 shares of the company’s stock valued at $25,878,000 after acquiring an additional 56,213 shares during the period. Jones Financial Companies Lllp increased its stake in iShares US & Intl High Yield Corp Bond ETF by 18,748.0% during the first quarter. Jones Financial Companies Lllp now owns 9,424 shares of the company’s stock valued at $420,000 after acquiring an additional 9,374 shares during the period. Finally, Mount Lucas Management LP raised its stake in shares of iShares US & Intl High Yield Corp Bond ETF by 3.6% in the third quarter. Mount Lucas Management LP now owns 41,136 shares of the company’s stock valued at $1,914,000 after purchasing an additional 1,448 shares in the last quarter.

About iShares US & Intl High Yield Corp Bond ETF

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.