iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) Sees Significant Increase in Short Interest

iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 119,301 shares, an increase of 17,894.1% from the June 30th total of 663 shares. Based on an average trading volume of 49,849 shares, the short-interest ratio is currently 2.4 days. Approximately 3.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Hilltop Partners LLC raised its holdings in iShares US & Intl High Yield Corp Bond ETF by 6.9% in the fourth quarter. Hilltop Partners LLC now owns 196,093 shares of the company’s stock worth $9,046,000 after buying an additional 12,739 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares US & Intl High Yield Corp Bond ETF by 11.2% during 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. Jones Financial Companies Lllp increased its position in shares of iShares US & Intl High Yield Corp Bond ETF by 18,748.0% during the first quarter. Jones Financial Companies Lllp now owns 9,424 shares of the company’s stock valued at $420,000 after acquiring an additional 9,374 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of iShares US & Intl High Yield Corp Bond ETF by 110.3% during the first quarter. Bank of New York Mellon Corp now owns 15,098 shares of the company’s stock valued at $681,000 after acquiring an additional 7,920 shares in the last quarter.

iShares US & Intl High Yield Corp Bond ETF Price Performance

Shares of BATS:GHYG opened at $44.86 on Friday. The business has a fifty day moving average price of $45.19 and a 200-day moving average price of $45.55. The company has a market capitalization of $161.50 million, a PE ratio of 11.09 and a beta of 0.44. iShares US & Intl High Yield Corp Bond ETF has a 1-year low of $44.39 and a 1-year high of $46.88.

iShares US & Intl High Yield Corp Bond ETF Company Profile

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.