iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) Short Interest Update

iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 55,400 shares, a growth of 214.8% from the September 15th total of 17,600 shares. Based on an average daily trading volume, of 37,500 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 37,500 shares, the short-interest ratio is presently 1.5 days.

iShares Interest Rate Hedged High Yield Bond ETF Stock Up 0.2%

HYGH stock opened at $85.83 on Monday. iShares Interest Rate Hedged High Yield Bond ETF has a twelve month low of $78.23 and a twelve month high of $87.69. The company has a market cap of $429.15 million, a P/E ratio of 10.74 and a beta of 0.38. The business has a fifty day moving average of $86.31 and a 200-day moving average of $85.62.

Institutional Trading of iShares Interest Rate Hedged High Yield Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harbour Investments Inc. boosted its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 107.1% in the 1st quarter. Harbour Investments Inc. now owns 377 shares of the company’s stock valued at $32,000 after purchasing an additional 195 shares during the last quarter. Farther Finance Advisors LLC bought a new position in iShares Interest Rate Hedged High Yield Bond ETF in the third quarter valued at approximately $34,000. Ameritas Advisory Services LLC bought a new position in iShares Interest Rate Hedged High Yield Bond ETF in the second quarter valued at approximately $53,000. Anfield Capital Management LLC grew its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 39.0% during the 1st quarter. Anfield Capital Management LLC now owns 1,366 shares of the company’s stock worth $116,000 after acquiring an additional 383 shares during the period. Finally, Advisors Preferred LLC bought a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 2nd quarter valued at $140,000.

iShares Interest Rate Hedged High Yield Bond ETF Company Profile

The iShares Interest Rate Hedged High Yield Bond ETF (HYGH) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index that holds the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) that targets USD-denominated corporate high-yield bonds while mitigating interest-rate risk.