State Street Blackstone High Income ETF (BATS:HYBL) Shares Shorted: Short Interest Down 86.2% in October

State Street Blackstone High Income ETF (BATS:HYBL) was the target of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 28,258 shares, a drop of 86.2% from the October 15th total of 205,161 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 278,339 shares, the days-to-cover ratio is presently 0.1 days.

State Street Blackstone High Income ETF Stock Up 0.1%

HYBL opened at $27.35 on Thursday. The business has a 50-day moving average of $27.57 and a 200-day moving average of $27.90. State Street Blackstone High Income ETF has a fifty-two week low of $27.18 and a fifty-two week high of $28.62.

Hedge Funds Weigh In On State Street Blackstone High Income ETF

Several institutional investors have recently bought and sold shares of HYBL. NewEdge Advisors LLC lifted its stake in shares of State Street Blackstone High Income ETF by 1.9% in the first quarter. NewEdge Advisors LLC now owns 27,223 shares of the company’s stock worth $758,000 after buying an additional 517 shares during the last quarter. Field & Main Bank acquired a new stake in shares of State Street Blackstone High Income ETF in the second quarter valued at $414,000. IFP Advisors Inc lifted its holdings in State Street Blackstone High Income ETF by 8.3% during the 3rd quarter. IFP Advisors Inc now owns 7,470 shares of the company’s stock worth $206,000 after buying an additional 575 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of State Street Blackstone High Income ETF in the 1st quarter valued at $33,000. Finally, VestGen Advisors LLC raised its holdings in State Street Blackstone High Income ETF by 13.1% during the 3rd quarter. VestGen Advisors LLC now owns 10,567 shares of the company’s stock worth $291,000 after purchasing an additional 1,228 shares during the last quarter.

About State Street Blackstone High Income ETF

The SPDR Blackstone High Income ETF (HYBL) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund seeks to provide risk-adjusted total return and high current income through an actively managed portfolio of USD-denominated high yield corporate bonds, senior loans, and collateralized loan obligations (CLOs) of any maturity. HYBL was launched on Feb 17, 2022 and is managed by State Street.