Short Interest in iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) Rises By 17,894.1%

iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 119,301 shares, a growth of 17,894.1% from the June 30th total of 663 shares. Based on an average daily trading volume, of 49,849 shares, the days-to-cover ratio is presently 2.4 days. Currently, 3.3% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares US & Intl High Yield Corp Bond ETF

Hedge funds have recently modified their holdings of the company. Jones Financial Companies Lllp increased its stake in shares of iShares US & Intl High Yield Corp Bond ETF by 18,748.0% in the first quarter. Jones Financial Companies Lllp now owns 9,424 shares of the company’s stock worth $420,000 after purchasing an additional 9,374 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of iShares US & Intl High Yield Corp Bond ETF by 110.3% during the 1st quarter. Bank of New York Mellon Corp now owns 15,098 shares of the company’s stock valued at $681,000 after buying an additional 7,920 shares in the last quarter. Hilltop Partners LLC lifted its stake in shares of iShares US & Intl High Yield Corp Bond ETF by 2.8% during the 3rd quarter. Hilltop Partners LLC now owns 183,354 shares of the company’s stock valued at $8,533,000 after buying an additional 4,946 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in iShares US & Intl High Yield Corp Bond ETF by 11.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 556,153 shares of the company’s stock worth $25,878,000 after buying an additional 56,213 shares during the period.

iShares US & Intl High Yield Corp Bond ETF Trading Down 0.1%

Shares of BATS:GHYG opened at $44.86 on Friday. The stock has a 50 day moving average of $45.19 and a 200 day moving average of $45.55. The company has a market cap of $161.50 million, a PE ratio of 11.09 and a beta of 0.44. iShares US & Intl High Yield Corp Bond ETF has a 12-month low of $44.39 and a 12-month high of $46.88.

iShares US & Intl High Yield Corp Bond ETF Company Profile

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.