iShares New York Muni Bond ETF (NYSEARCA:NYF – Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 76,788 shares, a growth of 77.2% from the June 30th total of 43,334 shares. Based on an average trading volume of 123,570 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are sold short.
iShares New York Muni Bond ETF Stock Performance
NYF stock traded down $0.06 on Thursday, hitting $52.91. 124,768 shares of the company were exchanged, compared to its average volume of 162,612. iShares New York Muni Bond ETF has a twelve month low of $51.90 and a twelve month high of $54.52. The business’s fifty day moving average is $53.54 and its two-hundred day moving average is $53.63.
Institutional Trading of iShares New York Muni Bond ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Revolve Wealth Partners LLC boosted its holdings in iShares New York Muni Bond ETF by 5.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 22,891 shares of the company’s stock valued at $1,218,000 after acquiring an additional 1,109 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of iShares New York Muni Bond ETF by 40.0% in the 1st quarter. Royal Bank of Canada now owns 9,715 shares of the company’s stock worth $512,000 after purchasing an additional 2,775 shares during the period. Raymond James Financial Inc. lifted its stake in shares of iShares New York Muni Bond ETF by 29.8% in the 2nd quarter. Raymond James Financial Inc. now owns 5,171 shares of the company’s stock valued at $270,000 after purchasing an additional 1,186 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of iShares New York Muni Bond ETF by 296.8% in the 2nd quarter. Jane Street Group LLC now owns 347,152 shares of the company’s stock valued at $18,101,000 after purchasing an additional 259,657 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of iShares New York Muni Bond ETF by 14.4% during the 2nd quarter. Bank of America Corp DE now owns 645,341 shares of the company’s stock worth $33,648,000 after purchasing an additional 81,191 shares during the period.
iShares New York Muni Bond ETF Company Profile
iShares New York AMT-Free Muni Bond ETF, formerly iShares S&P New York AMT-Free Municipal Bond Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P AMT-Free Municipal Series 2016 IndexTM (the Index). The Underlying Index measures the performance of investment-grade, noncallable United States municipal bonds maturing in 2016. The Index includes municipal bonds primarily from issuers that are state or local governments or agencies such that the interest on the bonds is exempt from United States federal income taxes and the federal alternative minimum tax (AMT).
Featured Stories
- Five stocks we like better than iShares New York Muni Bond ETF
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for iShares New York Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares New York Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
