iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) Short Interest Update

iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 35,800 shares, a decline of 35.4% from the September 30th total of 55,400 shares. Based on an average daily trading volume, of 45,600 shares, the short-interest ratio is currently 0.8 days. Approximately 0.7% of the shares of the company are sold short. Approximately 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 45,600 shares, the short-interest ratio is currently 0.8 days.

iShares Interest Rate Hedged High Yield Bond ETF Price Performance

HYGH opened at $85.61 on Tuesday. iShares Interest Rate Hedged High Yield Bond ETF has a 1-year low of $78.23 and a 1-year high of $87.69. The company has a 50 day simple moving average of $86.31 and a two-hundred day simple moving average of $85.97. The firm has a market cap of $428.03 million, a P/E ratio of 10.74 and a beta of 0.28.

Hedge Funds Weigh In On iShares Interest Rate Hedged High Yield Bond ETF

Several large investors have recently made changes to their positions in HYGH. Harbour Investments Inc. lifted its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF by 107.1% in the first quarter. Harbour Investments Inc. now owns 377 shares of the company’s stock worth $32,000 after buying an additional 195 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 3rd quarter worth about $34,000. Ameritas Advisory Services LLC purchased a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the second quarter valued at approximately $53,000. Chilton Capital Management LLC purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF in the third quarter worth $112,000. Finally, Anfield Capital Management LLC lifted its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 39.0% during the 1st quarter. Anfield Capital Management LLC now owns 1,366 shares of the company’s stock valued at $116,000 after buying an additional 383 shares in the last quarter.

iShares Interest Rate Hedged High Yield Bond ETF Company Profile

The iShares Interest Rate Hedged High Yield Bond ETF (HYGH) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index that holds the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) that targets USD-denominated corporate high-yield bonds while mitigating interest-rate risk.