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

iShares High Yield Systematic Bond ETF (BATS:HYDB) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 12,616 shares, a decrease of 85.0% from the May 14th total of 83,961 shares. Based on an average daily trading volume, of 238,789 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares High Yield Systematic Bond ETF

Several large investors have recently modified their holdings of HYDB. Northland Securities Inc. purchased a new stake in shares of iShares High Yield Systematic Bond ETF during the fourth quarter worth approximately $236,000. Flagship Harbor Advisors LLC purchased a new position in iShares High Yield Systematic Bond ETF during the fourth quarter worth about $268,000. NBT Bank N A NY raised its holdings in iShares High Yield Systematic Bond ETF by 10.0% during the fourth quarter. NBT Bank N A NY now owns 10,660 shares of the company’s stock worth $505,000 after purchasing an additional 965 shares in the last quarter. First Citizens Asset Management Inc. purchased a new position in iShares High Yield Systematic Bond ETF during the first quarter worth about $636,000. Finally, Farther Finance Advisors LLC raised its holdings in iShares High Yield Systematic Bond ETF by 178.1% during the fourth quarter. Farther Finance Advisors LLC now owns 15,149 shares of the company’s stock worth $717,000 after purchasing an additional 9,701 shares in the last quarter.

iShares High Yield Systematic Bond ETF Stock Performance

iShares High Yield Systematic Bond ETF stock opened at $46.60 on Wednesday. iShares High Yield Systematic Bond ETF has a 12 month low of $45.96 and a 12 month high of $47.99. The business has a 50 day simple moving average of $46.79 and a 200-day simple moving average of $47.11.

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.