VanEck International High Yield Bond ETF (NYSEARCA:IHY) Short Interest Update

by · The Cerbat Gem

VanEck International High Yield Bond ETF (NYSEARCA:IHY – Get Free Report) was the recipient of a large drop in short interest in February. As of February 27th, there was short interest totaling 11,136 shares, a drop of 36.2% from the February 12th total of 17,466 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 17,910 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 17,910 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the shares of the stock are short sold.

VanEck International High Yield Bond ETF Trading Down 0.6%

Shares of NYSEARCA IHY traded down $0.13 during midday trading on Friday, hitting $21.41. 15,866 shares of the company’s stock were exchanged, compared to its average volume of 22,652. The business’s fifty day moving average price is $22.09 and its two-hundred day moving average price is $22.03. The company has a market cap of $49.24 million, a price-to-earnings 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 $22.50.

VanEck International High Yield Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.0919 dividend. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Trading of VanEck International High Yield Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in IHY. Jones Financial Companies Lllp grew its position in VanEck International High Yield Bond ETF by 45.0% in the first quarter. Jones Financial Companies Lllp now owns 2,850 shares of the company’s stock worth $60,000 after acquiring an additional 884 shares in the last quarter. Banque Cantonale Vaudoise lifted its stake in VanEck International High Yield Bond ETF by 17.5% during the third quarter. Banque Cantonale Vaudoise now owns 3,374 shares of the company’s stock worth $75,000 after purchasing an additional 503 shares during the last quarter. Bank of America Corp DE lifted its stake in 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 worth $202,000 after purchasing an additional 610 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of VanEck International High Yield Bond ETF in the 2nd quarter worth about $272,000. Finally, Osaic Holdings Inc. increased its position in shares of VanEck International High Yield Bond ETF by 5.1% during the 2nd quarter. Osaic Holdings Inc. now owns 14,469 shares of the company’s stock valued at $319,000 after purchasing an additional 700 shares during the last quarter.

VanEck International High Yield Bond ETF Company Profile

(Get Free Report)

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.

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