Short Interest in VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) Expands By 162.6%

VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 37,943 shares, an increase of 162.6% from the July 30th total of 14,449 shares. Based on an average trading volume of 7,382 shares, the short-interest ratio is currently 5.1 days. Currently, 5.8% of the company’s shares are sold short.

VanEck Moodys Analytics IG Corporate Bond ETF Price Performance

Shares of BATS:MIG opened at $20.93 on Friday. VanEck Moodys Analytics IG Corporate Bond ETF has a 1 year low of $20.82 and a 1 year high of $22.09. The business’s 50-day moving average is $21.05 and its 200-day moving average is $21.29.

VanEck Moodys Analytics IG Corporate Bond ETF Company Profile

The VanEck Moody’s Analytics IG Corporate Bond ETF (MIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade corporate bonds issued in the US domestic market. MIG was launched on Dec 1, 2020 and is managed by VanEck.