iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) Short Interest Update

iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 22,744 shares, a growth of 81.3% from the January 15th total of 12,545 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 52,094 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 52,094 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

iShares Yield Optimized Bond ETF Trading Up 0.1%

iShares Yield Optimized Bond ETF stock traded up $0.02 during midday trading on Friday, reaching $22.94. 76,174 shares of the stock traded hands, compared to its average volume of 51,359. The firm has a fifty day moving average price of $22.85 and a two-hundred day moving average price of $22.83. The firm has a market cap of $310.84 million, a price-to-earnings ratio of 10.76 and a beta of 0.26. iShares Yield Optimized Bond ETF has a fifty-two week low of $21.55 and a fifty-two week high of $23.14.

Hedge Funds Weigh In On iShares Yield Optimized Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Asset Dedication LLC acquired a new stake in iShares Yield Optimized Bond ETF in the 2nd quarter valued at approximately $37,000. Advisory Services Network LLC bought a new position in iShares Yield Optimized Bond ETF in the 3rd quarter valued at about $37,000. Fifth Third Bancorp boosted its holdings in shares of iShares Yield Optimized Bond ETF by 42.2% in the third quarter. Fifth Third Bancorp now owns 1,789 shares of the company’s stock valued at $41,000 after acquiring an additional 531 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in shares of iShares Yield Optimized Bond ETF during the 2nd quarter valued at $47,000. Finally, NBC Securities Inc. acquired a new position in iShares Yield Optimized Bond ETF during the fourth quarter worth about $51,000.

iShares Yield Optimized Bond ETF Company Profile

The iShares Yield Optimized Bond ETF (BYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that tracks a broad index of debt securities optimized for yield and mean variance. BYLD was launched on Apr 22, 2014 and is managed by BlackRock.