VanEck International High Yield Bond ETF (NYSEARCA:IHY) Short Interest Update

VanEck International High Yield Bond ETF (NYSEARCA:IHY) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 51,700 shares, agrowthof231.4% from the June 30th total of 15,600 shares. Based on an average daily volume of 23,100 shares, the short-interest ratio is presently 2.2 days. Based on an average daily volume of 23,100 shares, the short-interest ratio is presently 2.2 days.

VanEck International High Yield Bond ETF Stock Performance

VanEck International High Yield Bond ETF stock opened at $21.89 on Wednesday. The company’s 50 day simple moving average is $21.84 and its 200-day simple moving average is $21.30. The company has a market capitalization of $41.59 million, a price-to-earnings ratio of 62.17 and a beta of 0.45. VanEck International High Yield Bond ETF has a 1 year low of $20.23 and a 1 year high of $22.25.

Institutional Investors Weigh In On VanEck International High Yield Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. NewSquare Capital LLC raised its stake in shares of VanEck International High Yield Bond ETF by 21.1% in the 2nd quarter. NewSquare Capital LLC now owns 77,101 shares of the company’s stock valued at $1,700,000 after acquiring an additional 13,411 shares during the period. BTS Asset Management Inc. purchased a new stake in shares of VanEck International High Yield Bond ETF in the 2nd quarter valued at approximately $302,000. Investment Advisory Group LLC purchased a new stake in shares of VanEck International High Yield Bond ETF in the 2nd quarter valued at approximately $355,000. Jones Financial Companies Lllp raised its stake in shares of VanEck International High Yield Bond ETF by 45.0% in the 1st quarter. Jones Financial Companies Lllp now owns 2,850 shares of the company’s stock valued at $60,000 after acquiring an additional 884 shares during the period. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of VanEck International High Yield Bond ETF in the 1st quarter valued at approximately $60,000.

VanEck International High Yield Bond ETF Company Profile

The VanEck International High Yield Bond ETF (IHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of international corporate bonds rated below investment grade and denominated in developed-market currencies. IHY was launched on Apr 2, 2012 and is managed by VanEck.