State Street Blackstone High Income ETF (BATS:HYBL – Get Free Report) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 66,401 shares, an increase of 85.5% from the May 31st total of 35,805 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 100,170 shares, the short-interest ratio is currently 0.7 days.
Institutional Investors Weigh In On State Street Blackstone High Income ETF
Institutional investors have recently modified their holdings of the company. Western Wealth Management LLC purchased a new position in State Street Blackstone High Income ETF in the 1st quarter valued at approximately $33,000. Farther Finance Advisors LLC acquired a new stake in State Street Blackstone High Income ETF in the fourth quarter valued at $35,000. Sound Income Strategies LLC increased its position in shares of State Street Blackstone High Income ETF by 371.4% in the first quarter. Sound Income Strategies LLC now owns 1,650 shares of the company’s stock valued at $46,000 after buying an additional 1,300 shares in the last quarter. Waverly Advisors LLC purchased a new position in shares of State Street Blackstone High Income ETF in the first quarter valued at $66,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of State Street Blackstone High Income ETF in the third quarter valued at $119,000.
State Street Blackstone High Income ETF Stock Performance
Shares of HYBL opened at $27.95 on Wednesday. The firm’s 50-day moving average is $28.04 and its two-hundred day moving average is $28.13. State Street Blackstone High Income ETF has a twelve month low of $27.60 and a twelve month high of $28.69.
State Street Blackstone High Income ETF Company Profile
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.
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