Short Interest in iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) Declines By 66.3%

iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 663 shares, a decline of 66.3% from the June 15th total of 1,969 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 10,952 shares, the short-interest ratio is presently 0.1 days.

iShares US & Intl High Yield Corp Bond ETF Price Performance

Shares of GHYG opened at $45.14 on Monday. The stock has a market capitalization of $162.50 million, a P/E ratio of 11.09 and a beta of 0.44. iShares US & Intl High Yield Corp Bond ETF has a twelve month low of $44.39 and a twelve month high of $46.88. The company has a 50 day moving average of $45.26 and a 200-day moving average of $45.62.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Hilltop Partners LLC grew its holdings in iShares US & Intl High Yield Corp Bond ETF by 6.9% during the fourth quarter. Hilltop Partners LLC now owns 196,093 shares of the company’s stock worth $9,046,000 after purchasing an additional 12,739 shares during the period. Jones Financial Companies Lllp lifted its position in shares of iShares US & Intl High Yield Corp Bond ETF by 18,748.0% in the first quarter. Jones Financial Companies Lllp now owns 9,424 shares of the company’s stock valued at $420,000 after buying an additional 9,374 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares US & Intl High Yield Corp Bond ETF by 11.2% in the third quarter. Ameriprise Financial Inc. now owns 556,153 shares of the company’s stock valued at $25,878,000 after buying an additional 56,213 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares US & Intl High Yield Corp Bond ETF by 110.3% during the 1st quarter. Bank of New York Mellon Corp now owns 15,098 shares of the company’s stock worth $681,000 after acquiring an additional 7,920 shares during the period.

About iShares US & Intl High Yield Corp Bond ETF

The iShares US & Intl High Yield Corp Bond ETF (GHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield bonds issued in developed markets and denominated in local currencies. GHYG was launched on Apr 3, 2012 and is managed by BlackRock.