VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) Short Interest Update

VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 14,147 shares, an increase of 473.2% from the April 15th total of 2,468 shares. Based on an average daily trading volume, of 7,376 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.2% of the company’s stock are sold short.

VanEck Moodys Analytics IG Corporate Bond ETF Trading Up 0.0%

MIG stock opened at $21.28 on Thursday. VanEck Moodys Analytics IG Corporate Bond ETF has a 1 year low of $20.96 and a 1 year high of $22.09. The stock has a 50-day simple moving average of $21.39 and a 200-day simple moving average of $21.58.

VanEck Moodys Analytics IG Corporate Bond ETF Company Profile

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.