iShares High Yield Systematic Bond ETF (BATS:HYDB) Short Interest Update

iShares High Yield Systematic Bond ETF (BATS:HYDB) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 114,384 shares, an increase of 975.1% from the June 15th total of 10,639 shares. Based on an average daily trading volume, of 125,686 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.4% of the shares of the company are short sold.

iShares High Yield Systematic Bond ETF Stock Down 0.1%

HYDB opened at $46.50 on Friday. iShares High Yield Systematic Bond ETF has a 52 week low of $45.96 and a 52 week high of $47.99. The business has a 50 day moving average price of $46.71 and a two-hundred day moving average price of $47.01.

Institutional Investors Weigh In On iShares High Yield Systematic Bond ETF

Hedge funds have recently modified their holdings of the stock. United Capital Financial Advisors LLC grew its position in iShares High Yield Systematic Bond ETF by 1.1% in the 3rd quarter. United Capital Financial Advisors LLC now owns 49,891 shares of the company’s stock valued at $2,387,000 after buying an additional 562 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in shares of iShares High Yield Systematic Bond ETF by 4.0% in the 4th quarter. Arkadios Wealth Advisors now owns 20,814 shares of the company’s stock worth $986,000 after acquiring an additional 791 shares during the period. NBT Bank N A NY lifted its stake in shares of iShares High Yield Systematic Bond ETF by 10.0% in the 4th quarter. NBT Bank N A NY now owns 10,660 shares of the company’s stock worth $505,000 after acquiring an additional 965 shares during the period. Tidemark LLC boosted its holdings in shares of iShares High Yield Systematic Bond ETF by 9.8% in the fourth quarter. Tidemark LLC now owns 26,395 shares of the company’s stock valued at $1,250,000 after acquiring an additional 2,353 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of iShares High Yield Systematic Bond ETF by 5.8% in the third quarter. NewEdge Advisors LLC now owns 44,522 shares of the company’s stock valued at $2,130,000 after acquiring an additional 2,449 shares in the last quarter.

About iShares High Yield Systematic Bond ETF

The iShares High Yield Bond Factor ETF (HYDB) is an exchange-traded fund that is based on the BlackRock High Yield Defensive Bond index. The fund tracks a broad-maturity, multifactor index of high-yield bonds. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility. HYDB was launched on Jul 11, 2017 and is managed by BlackRock.