iShares New York Muni Bond ETF (NYSEARCA:NYF) Stock Short Interest Report for October

iShares New York Muni Bond ETF (NYSEARCA:NYF) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 363,391 shares, a growth of 108.6% from the September 30th total of 174,189 shares. Based on an average daily trading volume, of 938,803 shares, the short-interest ratio is currently 0.4 days. Currently, 1.1% of the shares of the company are short sold.

iShares New York Muni Bond ETF Trading Up 0.3%

Shares of NYSEARCA:NYF traded up $0.16 during midday trading on Friday, reaching $52.15. 324,348 shares of the company’s stock traded hands, compared to its average volume of 270,752. The company has a fifty day simple moving average of $51.46 and a two-hundred day simple moving average of $53.03. iShares New York Muni Bond ETF has a 1 year low of $50.03 and a 1 year high of $54.52.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Securities CORP. lifted its position in iShares New York Muni Bond ETF by 0.8% during the second quarter. Brighton Securities CORP. now owns 23,741 shares of the company’s stock worth $1,280,000 after buying an additional 188 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of iShares New York Muni Bond ETF by 2.1% during the 1st quarter. Bank of New York Mellon Corp now owns 11,948 shares of the company’s stock worth $635,000 after acquiring an additional 243 shares during the period. Emergent Wealth Advisors LLC raised its holdings in shares of iShares New York Muni Bond ETF by 0.8% during the 3rd quarter. Emergent Wealth Advisors LLC now owns 38,355 shares of the company’s stock worth $1,938,000 after acquiring an additional 298 shares during the period. Sei Investments Co. boosted its position in shares of iShares New York Muni Bond ETF by 2.1% during the 1st quarter. Sei Investments Co. now owns 15,902 shares of the company’s stock valued at $845,000 after acquiring an additional 321 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of iShares New York Muni Bond ETF by 3.6% during the 2nd quarter. GAMMA Investing LLC now owns 9,572 shares of the company’s stock valued at $516,000 after acquiring an additional 335 shares during the last quarter.

About iShares New York Muni Bond ETF

iShares New York AMT-Free Muni Bond ETF, formerly iShares S&P New York AMT-Free Municipal Bond Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P AMT-Free Municipal Series 2016 IndexTM (the Index). The Underlying Index measures the performance of investment-grade, noncallable United States municipal bonds maturing in 2016. The Index includes municipal bonds primarily from issuers that are state or local governments or agencies such that the interest on the bonds is exempt from United States federal income taxes and the federal alternative minimum tax (AMT).