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 May. As of May 29th, there was short interest totaling 12,616 shares, a drop of 85.0% from the May 14th total of 83,961 shares. Based on an average daily trading volume, of 238,789 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

iShares High Yield Systematic Bond ETF Stock Up 0.2%

Shares of iShares High Yield Systematic Bond ETF stock opened at $46.60 on Wednesday. iShares High Yield Systematic Bond ETF has a 12-month low of $45.96 and a 12-month high of $47.99. The company has a 50-day moving average of $46.79 and a two-hundred day moving average of $47.11.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. BlueStem Wealth Partners LLC increased its position in shares of iShares High Yield Systematic Bond ETF by 14.1% in the third quarter. BlueStem Wealth Partners LLC now owns 262,857 shares of the company’s stock valued at $12,576,000 after buying an additional 32,529 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares High Yield Systematic Bond ETF by 22.9% in the third quarter. JPMorgan Chase & Co. now owns 277,216 shares of the company’s stock valued at $13,263,000 after buying an additional 51,671 shares in the last quarter. IMA Advisory Services Inc. increased its position in shares of iShares High Yield Systematic Bond ETF by 5.8% in the fourth quarter. IMA Advisory Services Inc. now owns 294,840 shares of the company’s stock valued at $13,961,000 after buying an additional 16,189 shares in the last quarter. Manning & Napier Advisors LLC increased its stake in shares of iShares High Yield Systematic Bond ETF by 511.4% during the 4th quarter. Manning & Napier Advisors LLC now owns 121,945 shares of the company’s stock worth $5,779,000 after purchasing an additional 101,999 shares in the last quarter. Finally, First Citizens Asset Management Inc. purchased a new position in shares of iShares High Yield Systematic Bond ETF during the 1st quarter worth approximately $636,000.

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.