iShares High Yield Systematic Bond ETF (BATS:HYDB) Short Interest Down 50.4% in July

iShares High Yield Systematic Bond ETF (BATS:HYDB) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 2,806 shares, a decrease of 50.4% from the July 15th total of 5,657 shares. Based on an average daily volume of 201,279 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

iShares High Yield Systematic Bond ETF Trading Down 0.1%

Shares of iShares High Yield Systematic Bond ETF stock opened at $46.50 on Friday. 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 simple moving average of $46.53 and a 200 day simple moving average of $46.81.

Institutional Trading of iShares High Yield Systematic Bond ETF

Several hedge funds have recently modified their holdings of the company. NBT Bank N A NY boosted its holdings in shares of iShares High Yield Systematic Bond ETF by 13.3% in the 1st quarter. NBT Bank N A NY now owns 12,080 shares of the company’s stock worth $562,000 after acquiring an additional 1,420 shares in the last quarter. First Citizens Asset Management Inc. acquired a new stake in iShares High Yield Systematic Bond ETF during the 1st quarter valued at $636,000. Farther Finance Advisors LLC increased its holdings in iShares High Yield Systematic Bond ETF by 178.1% during the 4th quarter. Farther Finance Advisors LLC now owns 15,149 shares of the company’s stock valued at $717,000 after purchasing an additional 9,701 shares in the last quarter. Arkadios Wealth Advisors raised its position in iShares High Yield Systematic Bond ETF by 4.0% in the 4th 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 last quarter. Finally, Royal Bank of Canada raised its position in iShares High Yield Systematic Bond ETF by 27.9% in the 1st quarter. Royal Bank of Canada now owns 23,331 shares of the company’s stock valued at $1,099,000 after purchasing an additional 5,084 shares during the last quarter.

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.