iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Short Interest Update

iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 953,871 shares, a growth of 173.7% from the November 30th total of 348,553 shares. Based on an average trading volume of 1,886,649 shares, the short-interest ratio is presently 0.5 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 1,886,649 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On iShares 0-5 Year High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in SHYG. Dunhill Financial LLC bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter valued at about $26,000. TD Private Client Wealth LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the second quarter worth about $45,000. WFA of San Diego LLC purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter worth approximately $47,000. Ameriflex Group Inc. raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 30.6% during the 2nd quarter. Ameriflex Group Inc. now owns 2,059 shares of the company’s stock valued at $89,000 after buying an additional 482 shares during the last quarter. Finally, FWL Investment Management LLC raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 1,291.0% during the second quarter. FWL Investment Management LLC now owns 2,156 shares of the company’s stock valued at $93,000 after acquiring an additional 2,001 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Up 0.0%

Shares of SHYG stock traded up $0.01 on Friday, hitting $42.87. 720,108 shares of the stock were exchanged, compared to its average volume of 1,653,274. The firm’s 50 day moving average is $42.91 and its two-hundred day moving average is $42.96. iShares 0-5 Year High Yield Corporate Bond ETF has a one year low of $40.38 and a one year high of $43.39. The firm has a market capitalization of $7.87 billion, a PE ratio of 10.74 and a beta of 0.30.

iShares 0-5 Year High Yield Corporate Bond ETF Company Profile

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield USD-denominated bonds with 0-5 years remaining in maturity. SHYG was launched on Oct 15, 2013 and is managed by BlackRock.