iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG) saw a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 51,618,421 shares, a decrease of 10.9% from the November 15th total of 57,923,132 shares. Based on an average daily volume of 12,848,716 shares, the days-to-cover ratio is currently 4.0 days.

iShares iBoxx $ High Yid Corp Bond (NYSEARCA HYG) opened at $87.21 on Monday. iShares iBoxx $ High Yid Corp Bond has a 12 month low of $85.99 and a 12 month high of $89.04.

The business also recently declared a monthly dividend, which was paid on Thursday, December 7th. Stockholders of record on Monday, December 4th were paid a $0.3723 dividend. The ex-dividend date of this dividend was Friday, December 1st. This represents a $4.47 dividend on an annualized basis and a dividend yield of 5.12%. This is an increase from iShares iBoxx $ High Yid Corp Bond’s previous monthly dividend of $0.37. iShares iBoxx $ High Yid Corp Bond’s dividend payout ratio is 105.26%.

Several hedge funds have recently bought and sold shares of the company. AXA increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 1.9% in the 3rd quarter. AXA now owns 115,150 shares of the exchange traded fund’s stock valued at $10,221,000 after buying an additional 2,170 shares in the last quarter. Chicago Partners Investment Group LLC increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 8,688.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 4,394 shares of the exchange traded fund’s stock valued at $390,000 after buying an additional 4,344 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of iShares iBoxx $ High Yid Corp Bond in the 3rd quarter valued at $433,000. Visionary Asset Management Inc. increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 1.3% in the 3rd quarter. Visionary Asset Management Inc. now owns 272,606 shares of the exchange traded fund’s stock valued at $24,196,000 after buying an additional 3,445 shares in the last quarter. Finally, Premise Capital LLC increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 4.0% in the 3rd quarter. Premise Capital LLC now owns 67,222 shares of the exchange traded fund’s stock valued at $5,918,000 after buying an additional 2,588 shares in the last quarter.

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iShares iBoxx $ High Yid Corp Bond Company Profile

iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.

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