VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) Short Interest Down 55.5% in August

VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIGGet Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 16,887 shares, a drop of 55.5% from the August 15th total of 37,943 shares. Currently, 2.6% of the company’s stock are sold short. Based on an average daily trading volume, of 35,250 shares, the short-interest ratio is currently 0.5 days.

VanEck Moodys Analytics IG Corporate Bond ETF Price Performance

VanEck Moodys Analytics IG Corporate Bond ETF stock opened at $20.56 on Wednesday. VanEck Moodys Analytics IG Corporate Bond ETF has a 52 week low of $20.53 and a 52 week high of $22.09. The company’s 50 day moving average price is $20.91 and its two-hundred day moving average price is $21.19.

About VanEck Moodys Analytics IG Corporate Bond ETF

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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.

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