iShares High Yield Systematic Bond ETF (BATS:HYDB) Short Interest Update

iShares High Yield Systematic Bond ETF (BATS:HYDB) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 21,365 shares, an increase of 661.4% from the July 30th total of 2,806 shares. Based on an average trading volume of 150,999 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares High Yield Systematic Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Continuum Advisory LLC acquired a new position in iShares High Yield Systematic Bond ETF in the 2nd quarter valued at about $121,000. Atlantic Private Wealth LLC purchased a new position in shares of iShares High Yield Systematic Bond ETF in the second quarter valued at approximately $126,000. DMC Group LLC acquired a new position in shares of iShares High Yield Systematic Bond ETF in the second quarter valued at approximately $270,000. Operose Advisors LLC acquired a new position in shares of iShares High Yield Systematic Bond ETF in the second quarter valued at approximately $365,000. Finally, NBT Bank N A NY increased its stake in iShares High Yield Systematic Bond ETF by 13.3% during the 1st quarter. NBT Bank N A NY now owns 12,080 shares of the company’s stock worth $562,000 after buying an additional 1,420 shares during the period.

iShares High Yield Systematic Bond ETF Stock Up 0.0%

iShares High Yield Systematic Bond ETF stock traded up $0.01 during trading on Thursday, hitting $46.70. The company had a trading volume of 42,515 shares, compared to its average volume of 235,670. iShares High Yield Systematic Bond ETF has a 1-year low of $45.96 and a 1-year high of $47.99. The company’s 50 day simple moving average is $46.51 and its 200-day simple moving average is $46.75.

About iShares High Yield Systematic Bond ETF

The iShares High Yield Bond Factor ETF (HYDB) is an exchange-traded fund that is based on the BlackRock High Yield Defensive Bond index. The fund tracks a broad-maturity, multifactor index of high-yield bonds. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility. HYDB was launched on Jul 11, 2017 and is managed by BlackRock.