VanEck International High Yield Bond ETF (NYSEARCA:IHY) Short Interest Update
by Scott Moore · The Cerbat GemVanEck International High Yield Bond ETF (NYSEARCA:IHY – Get Free Report) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 14,809 shares, a drop of 53.6% from the December 15th total of 31,931 shares. Based on an average daily trading volume, of 12,534 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 12,534 shares, the days-to-cover ratio is presently 1.2 days.
Institutional Investors Weigh In On VanEck International High Yield Bond ETF
A number of institutional investors have recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its position in shares of VanEck International High Yield Bond ETF by 45.0% in the 1st quarter. Jones Financial Companies Lllp now owns 2,850 shares of the company’s stock worth $60,000 after buying an additional 884 shares during the last quarter. Banque Cantonale Vaudoise boosted its stake in VanEck International High Yield Bond ETF by 17.5% in the third quarter. Banque Cantonale Vaudoise now owns 3,374 shares of the company’s stock valued at $75,000 after acquiring an additional 503 shares during the period. Bank of America Corp DE grew its holdings in shares of VanEck International High Yield Bond ETF by 7.1% during the second quarter. Bank of America Corp DE now owns 9,165 shares of the company’s stock valued at $202,000 after purchasing an additional 610 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of VanEck International High Yield Bond ETF in the 2nd quarter worth approximately $272,000. Finally, BTS Asset Management Inc. acquired a new position in VanEck International High Yield Bond ETF during the 2nd quarter valued at approximately $302,000.
VanEck International High Yield Bond ETF Trading Down 0.1%
NYSEARCA IHY traded down $0.02 during trading hours on Friday, reaching $22.03. 14,746 shares of the company traded hands, compared to its average volume of 19,313. The company has a 50 day moving average of $21.97 and a two-hundred day moving average of $22.00. The stock has a market capitalization of $48.47 million, a PE ratio of 62.17 and a beta of 0.43. VanEck International High Yield Bond ETF has a 12 month low of $20.23 and a 12 month high of $22.43.
About VanEck International High Yield Bond ETF
The VanEck International High Yield Bond ETF (IHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of international corporate bonds rated below investment grade and denominated in developed-market currencies. IHY was launched on Apr 2, 2012 and is managed by VanEck.