State Street Blackstone High Income ETF (BATS:HYBL) Sees Significant Decrease in Short Interest

by · The Markets Daily

State Street Blackstone High Income ETF (BATS:HYBL – Get Free Report) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 4,535 shares, a drop of 82.0% from the September 15th total of 25,215 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 109,865 shares, the short-interest ratio is presently 0.0 days.

State Street Blackstone High Income ETF Trading Down 0.1%

State Street Blackstone High Income ETF stock traded down $0.02 during mid-day trading on Friday, hitting $27.49. The company’s stock had a trading volume of 265,426 shares, compared to its average volume of 143,124. State Street Blackstone High Income ETF has a twelve month low of $27.31 and a twelve month high of $28.62. The stock’s fifty day moving average price is $27.85 and its two-hundred day moving average price is $27.92.

Institutional Investors Weigh In On State Street Blackstone High Income ETF

Large investors have recently modified their holdings of the stock. Titleist Asset Management LLC acquired a new position in shares of State Street Blackstone High Income ETF in the 3rd quarter valued at $519,000. Tactive Advisors LLC increased its stake in State Street Blackstone High Income ETF by 80.3% in the 3rd quarter. Tactive Advisors LLC now owns 17,605 shares of the company’s stock worth $485,000 after purchasing an additional 7,839 shares in the last quarter. Fig Financial Advisory Services Inc. ADV acquired a new stake in State Street Blackstone High Income ETF during the 3rd quarter worth about $3,811,000. Integrated Wealth Concepts LLC acquired a new stake in State Street Blackstone High Income ETF during the 2nd quarter worth about $40,000. Finally, IFP Advisors Inc acquired a new stake in State Street Blackstone High Income ETF during the 2nd quarter worth about $193,000.

About State Street Blackstone High Income ETF

(Get Free Report)

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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