iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW – Get Free Report) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 13,411 shares, a drop of 83.7% from the September 30th total of 82,479 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 26,519 shares, the days-to-cover ratio is currently 0.5 days.
Hedge Funds Weigh In On iShares High Yield Corporate Bond BuyWrite Strategy ETF
A hedge fund recently bought a new stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF stock. Janney Montgomery Scott LLC purchased a new position in iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,499 shares of the company’s stock, valued at approximately $251,000. Janney Montgomery Scott LLC owned 0.11% of iShares High Yield Corporate Bond BuyWrite Strategy ETF as of its most recent SEC filing.
iShares High Yield Corporate Bond BuyWrite Strategy ETF Price Performance
Shares of BATS:HYGW opened at $28.14 on Thursday. iShares High Yield Corporate Bond BuyWrite Strategy ETF has a 1 year low of $27.85 and a 1 year high of $30.39. The company has a market cap of $211.05 million, a PE ratio of 10.56 and a beta of 0.24. The stock’s 50-day moving average is $28.41 and its 200 day moving average is $29.07.
About iShares High Yield Corporate Bond BuyWrite Strategy ETF
The iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares. HYGW was launched on Aug 18, 2022 and is managed by BlackRock.
Recommended Stories
- Five stocks we like better than iShares High Yield Corporate Bond BuyWrite Strategy ETF
- Why Rising Rates Could Break the Bull Market Before AI Spending Can Save It
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
Receive News & Ratings for iShares High Yield Corporate Bond BuyWrite Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares High Yield Corporate Bond BuyWrite Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
