iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) Sees Significant Growth in Short Interest

iShares US & Intl High Yield Corp Bond ETF (BATS:GHYGGet Free Report) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 17,880 shares, a growth of 160.1% from the July 30th total of 6,873 shares. Based on an average trading volume of 7,305 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.5% of the company’s shares are sold short.

iShares US & Intl High Yield Corp Bond ETF Price Performance

Shares of GHYG stock opened at $45.30 on Friday. The company has a market cap of $163.08 million, a PE ratio of 11.09 and a beta of 0.44. iShares US & Intl High Yield Corp Bond ETF has a 1 year low of $44.39 and a 1 year high of $46.88. The stock’s 50 day simple moving average is $45.17 and its two-hundred day simple moving average is $45.36.

Institutional Trading of iShares US & Intl High Yield Corp Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hilltop Partners LLC boosted its stake in iShares US & Intl High Yield Corp Bond ETF by 6.9% during 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. Nilsine Partners LLC raised its stake in shares of iShares US & Intl High Yield Corp Bond ETF by 2.1% in the second quarter. Nilsine Partners LLC now owns 32,498 shares of the company’s stock valued at $1,472,000 after acquiring an additional 661 shares during the period. Ameriprise Financial Inc. raised its stake 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 valued at $25,878,000 after acquiring an additional 56,213 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 18,748.0% in the 1st quarter. Jones Financial Companies Lllp now owns 9,424 shares of the company’s stock worth $420,000 after acquiring an additional 9,374 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 110.3% in the 1st quarter. Bank of New York Mellon Corp now owns 15,098 shares of the company’s stock worth $681,000 after acquiring an additional 7,920 shares during the last quarter.

About iShares US & Intl High Yield Corp Bond ETF

(Get Free Report)

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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