VanEck High Yield Muni ETF (BATS:HYD) Stock Short Interest Drops 78.7%

VanEck High Yield Muni ETF (BATS:HYD – Get Free Report) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 354,801 shares, a decrease of 78.7% from the October 15th total of 1,666,535 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 1,768,874 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On VanEck High Yield Muni ETF

Institutional investors have recently modified their holdings of the company. FC Advisory LLC boosted its stake in VanEck High Yield Muni ETF by 152.8% during the 3rd quarter. FC Advisory LLC now owns 23,554 shares of the company’s stock valued at $1,131,000 after purchasing an additional 14,235 shares during the period. Apeiron RIA LLC acquired a new stake in VanEck High Yield Muni ETF in the 3rd quarter valued at approximately $1,359,000. Revolve Wealth Partners LLC increased its position in VanEck High Yield Muni ETF by 67.7% in the 3rd quarter. Revolve Wealth Partners LLC now owns 502,716 shares of the company’s stock valued at $24,145,000 after acquiring an additional 202,907 shares during the period. Quantinno Capital Management LP bought a new stake in VanEck High Yield Muni ETF during the 1st quarter valued at $893,000. Finally, Sanctuary Advisors LLC raised its stake in VanEck High Yield Muni ETF by 61.2% during the 1st quarter. Sanctuary Advisors LLC now owns 120,711 shares of the company’s stock valued at $6,052,000 after acquiring an additional 45,842 shares in the last quarter.

VanEck High Yield Muni ETF Stock Up 0.5%

Shares of BATS HYD opened at $49.65 on Thursday. VanEck High Yield Muni ETF has a 1-year low of $47.49 and a 1-year high of $51.68. The business’s fifty day moving average price is $48.82 and its two-hundred day moving average price is $50.37.

VanEck High Yield Muni ETF Company Profile

(Get Free Report)

The VanEck High Yield Muni ETF (HYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of high-yield, tax-exempt US municipal bonds. HYD was launched on Feb 4, 2009 and is managed by VanEck.

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