iShares High Yield Systematic Bond ETF (BATS:HYDB) Short Interest Update

iShares High Yield Systematic Bond ETF (BATS:HYDB) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 83,961 shares, a drop of 55.6% from the April 30th total of 189,136 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 273,531 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. United Capital Financial Advisors LLC increased its holdings in shares of iShares High Yield Systematic Bond ETF by 1.1% during the third quarter. United Capital Financial Advisors LLC now owns 49,891 shares of the company’s stock valued at $2,387,000 after purchasing an additional 562 shares during the period. Arkadios Wealth Advisors increased its holdings in shares of iShares High Yield Systematic Bond ETF by 4.0% during the fourth quarter. Arkadios Wealth Advisors now owns 20,814 shares of the company’s stock valued at $986,000 after purchasing an additional 791 shares during the period. NBT Bank N A NY increased its holdings in shares of iShares High Yield Systematic Bond ETF by 10.0% during the fourth quarter. NBT Bank N A NY now owns 10,660 shares of the company’s stock valued at $505,000 after purchasing an additional 965 shares during the period. Tidemark LLC increased its holdings in shares of iShares High Yield Systematic Bond ETF by 9.8% during the fourth quarter. Tidemark LLC now owns 26,395 shares of the company’s stock valued at $1,250,000 after purchasing an additional 2,353 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in shares of iShares High Yield Systematic Bond ETF by 5.8% during the third quarter. NewEdge Advisors LLC now owns 44,522 shares of the company’s stock valued at $2,130,000 after purchasing an additional 2,449 shares during the period.

iShares High Yield Systematic Bond ETF Price Performance

Shares of HYDB opened at $46.98 on Friday. iShares High Yield Systematic Bond ETF has a one year low of $45.96 and a one year high of $47.99. The stock’s fifty day moving average is $46.75 and its 200-day moving average is $47.14.

iShares High Yield Systematic Bond ETF Company Profile

The iShares High Yield Bond Factor ETF (HYDB) is an exchange-traded fund that is based on the BlackRock High Yield Defensive Bond index. The fund tracks a broad-maturity, multifactor index of high-yield bonds. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility. HYDB was launched on Jul 11, 2017 and is managed by BlackRock.