State Street Blackstone High Income ETF (BATS:HYBL) Short Interest Update

State Street Blackstone High Income ETF (BATS:HYBL) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 35,805 shares, a growth of 254.9% from the May 14th total of 10,088 shares. Based on an average daily volume of 97,584 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

State Street Blackstone High Income ETF Stock Performance

Shares of BATS:HYBL opened at $27.92 on Thursday. State Street Blackstone High Income ETF has a 12 month low of $27.60 and a 12 month high of $28.69. The company’s fifty day simple moving average is $28.01 and its 200 day simple moving average is $28.18.

Institutional Trading of State Street Blackstone High Income ETF

A number of institutional investors have recently modified their holdings of HYBL. ZEGA Investments LLC boosted its position in shares of State Street Blackstone High Income ETF by 31.7% during the fourth quarter. ZEGA Investments LLC now owns 1,685,210 shares of the company’s stock worth $47,927,000 after buying an additional 405,530 shares during the period. Concord Wealth Partners grew its stake in shares of State Street Blackstone High Income ETF by 4.1% in the fourth quarter. Concord Wealth Partners now owns 1,140,550 shares of the company’s stock valued at $32,437,000 after buying an additional 45,399 shares in the last quarter. Concord Asset Management LLC VA increased its stake in shares of State Street Blackstone High Income ETF by 3.6% during the 4th quarter. Concord Asset Management LLC VA now owns 1,076,804 shares of the company’s stock worth $30,624,000 after purchasing an additional 37,632 shares during the last quarter. UBS Group AG raised its stake in State Street Blackstone High Income ETF by 5.5% in the fourth quarter. UBS Group AG now owns 997,998 shares of the company’s stock valued at $28,383,000 after buying an additional 51,752 shares during the period. Finally, Raymond James Financial Inc. raised its stake in State Street Blackstone High Income ETF by 2.1% in the 3rd quarter. Raymond James Financial Inc. now owns 948,938 shares of the company’s stock valued at $27,187,000 after acquiring an additional 19,554 shares during the period.

State Street Blackstone High Income ETF Company Profile

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.