iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG – Get Free Report) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,362 shares, a decline of 82.6% from the April 30th total of 7,843 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 36,185 shares, the short-interest ratio is presently 0.0 days.
Hedge Funds Weigh In On iShares US & Intl High Yield Corp Bond ETF
Several hedge funds have recently made changes to their positions in GHYG. Ameriprise Financial Inc. boosted its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 11.2% in the third quarter. Ameriprise Financial Inc. now owns 556,153 shares of the company’s stock worth $25,878,000 after buying an additional 56,213 shares during the period. Hilltop Partners LLC boosted its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 6.9% in the fourth quarter. Hilltop Partners LLC now owns 196,093 shares of the company’s stock worth $9,046,000 after buying an additional 12,739 shares during the period. Mount Lucas Management LP boosted its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 3.6% in the third quarter. Mount Lucas Management LP now owns 41,136 shares of the company’s stock worth $1,914,000 after buying an additional 1,448 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 110.3% in the first quarter. Bank of New York Mellon Corp now owns 15,098 shares of the company’s stock worth $681,000 after buying an additional 7,920 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 18,748.0% in the first quarter. Jones Financial Companies Lllp now owns 9,424 shares of the company’s stock worth $420,000 after buying an additional 9,374 shares during the period.
iShares US & Intl High Yield Corp Bond ETF Price Performance
Shares of GHYG traded up $0.08 during mid-day trading on Friday, hitting $45.56. The company’s stock had a trading volume of 10,087 shares, compared to its average volume of 33,490. The firm has a 50-day moving average price of $45.38 and a 200 day moving average price of $45.79. The stock has a market capitalization of $164.02 million, a price-to-earnings ratio of 11.09 and a beta of 0.44. iShares US & Intl High Yield Corp Bond ETF has a fifty-two week low of $44.39 and a fifty-two week high of $46.88.
iShares US & Intl High Yield Corp Bond ETF Company Profile
The iShares US & Intl High Yield Corp Bond ETF (GHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield bonds issued in developed markets and denominated in local currencies. GHYG was launched on Apr 3, 2012 and is managed by BlackRock.
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