VanEck International High Yield Bond ETF (NYSEARCA:IHY) Stock Short Interest Report for September

VanEck International High Yield Bond ETF (NYSEARCA:IHY) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 16,457 shares, a growth of 671.2% from the September 15th total of 2,134 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 19,560 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On VanEck International High Yield Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Brookstone Capital Management acquired a new stake in VanEck International High Yield Bond ETF in the 1st quarter valued at approximately $519,000. Sound Income Strategies LLC boosted its position in VanEck International High Yield Bond ETF by 12.6% during the 1st quarter. Sound Income Strategies LLC now owns 58,074 shares of the company’s stock worth $1,243,000 after acquiring an additional 6,481 shares during the period. Finally, Comprehensive Money Management Services LLC boosted its position in VanEck International High Yield Bond ETF by 11.3% during the 1st quarter. Comprehensive Money Management Services LLC now owns 78,132 shares of the company’s stock worth $1,676,000 after acquiring an additional 7,928 shares during the period.

VanEck International High Yield Bond ETF Stock Up 0.0%

NYSEARCA IHY traded up $0.01 on Friday, hitting $20.81. The stock had a trading volume of 1,450 shares, compared to its average volume of 16,333. VanEck International High Yield Bond ETF has a one year low of $20.63 and a one year high of $22.50. The stock has a market cap of $39.54 million, a price-to-earnings ratio of 62.17 and a beta of 0.42. The company’s 50-day moving average is $21.41 and its two-hundred day moving average is $21.59.

VanEck International High Yield Bond ETF Company Profile

The VanEck International High Yield Bond ETF (IHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of international corporate bonds rated below investment grade and denominated in developed-market currencies. IHY was launched on Apr 2, 2012 and is managed by VanEck.