State Street Blackstone High Income ETF (BATS:HYBL – Get Free Report) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 10,088 shares, a decrease of 82.9% from the April 30th total of 59,101 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 145,611 shares, the days-to-cover ratio is presently 0.1 days.
Hedge Funds Weigh In On State Street Blackstone High Income ETF
Several hedge funds and other institutional investors have recently made changes to their positions in HYBL. Royal Bank of Canada boosted its position in shares of State Street Blackstone High Income ETF by 34.4% during the first quarter. Royal Bank of Canada now owns 185,556 shares of the company’s stock worth $5,218,000 after buying an additional 47,490 shares during the period. NewEdge Advisors LLC boosted its position in shares of State Street Blackstone High Income ETF by 5.2% during the first quarter. NewEdge Advisors LLC now owns 17,056 shares of the company’s stock worth $480,000 after buying an additional 850 shares during the period. Jane Street Group LLC acquired a new position in shares of State Street Blackstone High Income ETF during the first quarter worth approximately $4,469,000. Raymond James Financial Inc. lifted its position in State Street Blackstone High Income ETF by 3.8% in the second quarter. Raymond James Financial Inc. now owns 929,384 shares of the company’s stock worth $26,571,000 after purchasing an additional 33,869 shares during the period. Finally, Bank of America Corp DE lifted its position in State Street Blackstone High Income ETF by 68.7% in the second quarter. Bank of America Corp DE now owns 299,272 shares of the company’s stock worth $8,556,000 after purchasing an additional 121,921 shares during the period.
State Street Blackstone High Income ETF Price Performance
BATS:HYBL opened at $28.10 on Thursday. The stock has a 50 day moving average of $27.96 and a 200-day moving average of $28.21. State Street Blackstone High Income ETF has a 52 week low of $27.60 and a 52 week high of $28.69.
State Street Blackstone High Income ETF Company Profile
The SPDR Blackstone High Income ETF (HYBL) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund seeks to provide risk-adjusted total return and high current income through an actively managed portfolio of USD-denominated high yield corporate bonds, senior loans, and collateralized loan obligations (CLOs) of any maturity. HYBL was launched on Feb 17, 2022 and is managed by State Street.
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