VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) Short Interest Down 55.5% in August

VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIGGet Free Report) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 16,887 shares, a drop of 55.5% from the August 15th total of 37,943 shares. Approximately 2.6% of the shares of the company are short sold. Based on an average daily trading volume, of 35,250 shares, the days-to-cover ratio is presently 0.5 days.

VanEck Moodys Analytics IG Corporate Bond ETF Price Performance

Shares of MIG opened at $20.55 on Tuesday. The firm has a fifty day moving average of $20.92 and a 200-day moving average of $21.20. VanEck Moodys Analytics IG Corporate Bond ETF has a 1 year low of $20.53 and a 1 year high of $22.09.

VanEck Moodys Analytics IG Corporate Bond ETF Company Profile

(Get Free Report)

The VanEck Moody’s Analytics IG Corporate Bond ETF (MIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade corporate bonds issued in the US domestic market. MIG was launched on Dec 1, 2020 and is managed by VanEck.

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