Short Interest in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Decreases By 28.5%

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 249,564 shares, a drop of 28.5% from the November 30th total of 349,056 shares. Based on an average trading volume of 98,342 shares, the short-interest ratio is currently 2.5 days. Approximately 1.1% of the company’s shares are sold short. Approximately 1.1% of the company’s shares are sold short. Based on an average trading volume of 98,342 shares, the short-interest ratio is currently 2.5 days.

Institutional Investors Weigh In On VanEck Emerging Markets High Yield Bond ETF

Hedge funds have recently bought and sold shares of the business. Jones Financial Companies Lllp purchased a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the 1st quarter valued at approximately $25,000. Ameritas Advisory Services LLC acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the 2nd quarter worth $42,000. Advisory Services Network LLC bought a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the 3rd quarter worth about $45,000. MRP Capital Investments LLC acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the 3rd quarter valued at about $56,000. Finally, Farther Finance Advisors LLC lifted its position in shares of VanEck Emerging Markets High Yield Bond ETF by 5,039.8% during the third quarter. Farther Finance Advisors LLC now owns 4,266 shares of the company’s stock worth $86,000 after purchasing an additional 4,183 shares during the last quarter.

VanEck Emerging Markets High Yield Bond ETF Price Performance

Shares of VanEck Emerging Markets High Yield Bond ETF stock traded up $0.02 during trading hours on Monday, hitting $20.02. The company’s stock had a trading volume of 74,391 shares, compared to its average volume of 165,742. The business has a fifty day moving average of $19.95 and a 200 day moving average of $19.93. VanEck Emerging Markets High Yield Bond ETF has a 1-year low of $18.43 and a 1-year high of $20.20.

VanEck Emerging Markets High Yield Bond ETF Company Profile

The VanEck Emerging Markets High Yield Bond ETF (HYEM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index that measures the performance of sub-investment-grade corporate debt from emerging markets. HYEM was launched on May 9, 2012 and is managed by VanEck.