Short Interest in VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) Decreases By 70.4%

VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 498 shares, a drop of 70.4% from the April 15th total of 1,682 shares. Based on an average daily volume of 2,070 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

VanEck Moodys Analytics BBB Corporate Bond ETF Trading Down 0.4%

BATS MBBB opened at $21.33 on Wednesday. The company has a 50 day moving average of $21.45 and a 200-day moving average of $21.66. VanEck Moodys Analytics BBB Corporate Bond ETF has a 1-year low of $21.06 and a 1-year high of $22.12.

VanEck Moodys Analytics BBB Corporate Bond ETF Company Profile

The VanEck Moody’s Analytics BBB Corporate Bond ETF (MBBB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB-rated corporate bonds issued in the US domestic market. MBBB was launched on Dec 1, 2020 and is managed by VanEck.