Short Interest in iShares High Yield Systematic Bond ETF (BATS:HYDB) Declines By 85.0%

iShares High Yield Systematic Bond ETF (BATS:HYDBGet Free Report) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 12,616 shares, a decrease of 85.0% from the May 14th total of 83,961 shares. Based on an average daily trading volume, of 238,789 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of iShares High Yield Systematic Bond ETF

Large investors have recently modified their holdings of the business. Northland Securities Inc. bought a new stake in shares of iShares High Yield Systematic Bond ETF in the fourth quarter worth about $236,000. Flagship Harbor Advisors LLC bought a new stake in shares of iShares High Yield Systematic Bond ETF in the fourth quarter worth about $268,000. NBT Bank N A NY grew its stake in shares of iShares High Yield Systematic Bond ETF by 10.0% in the fourth quarter. NBT Bank N A NY now owns 10,660 shares of the company’s stock worth $505,000 after purchasing an additional 965 shares during the last quarter. First Citizens Asset Management Inc. purchased a new stake in iShares High Yield Systematic Bond ETF in the first quarter worth $636,000. Finally, Farther Finance Advisors LLC lifted its stake in iShares High Yield Systematic Bond ETF by 178.1% in the fourth quarter. Farther Finance Advisors LLC now owns 15,149 shares of the company’s stock worth $717,000 after acquiring an additional 9,701 shares during the period.

iShares High Yield Systematic Bond ETF Stock Performance

BATS HYDB opened at $46.76 on Friday. The company has a 50-day simple moving average of $46.80 and a two-hundred day simple moving average of $47.10. iShares High Yield Systematic Bond ETF has a 12-month low of $45.96 and a 12-month high of $47.99.

About iShares High Yield Systematic Bond ETF

(Get Free Report)

The iShares High Yield Bond Factor ETF (HYDB) is an exchange-traded fund that is based on the BlackRock High Yield Defensive Bond index. The fund tracks a broad-maturity, multifactor index of high-yield bonds. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility. HYDB was launched on Jul 11, 2017 and is managed by BlackRock.

Further Reading

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