iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Short Interest Update

iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 5,767 shares, an increase of 127.3% from the May 31st total of 2,537 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 8,396 shares, the days-to-cover ratio is presently 0.7 days.

iShares Morningstar Multi-Asset Income ETF Stock Performance

IYLD opened at $22.12 on Monday. The business’s 50-day moving average price is $22.16 and its 200-day moving average price is $21.99. The company has a market cap of $121.66 million, a P/E ratio of 12.85 and a beta of 0.48. iShares Morningstar Multi-Asset Income ETF has a 12 month low of $20.46 and a 12 month high of $22.55.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Triumph Capital Management bought a new position in iShares Morningstar Multi-Asset Income ETF in the 3rd quarter worth $48,000. NewEdge Advisors LLC lifted its stake in shares of iShares Morningstar Multi-Asset Income ETF by 77.9% in the first quarter. NewEdge Advisors LLC now owns 3,484 shares of the company’s stock worth $70,000 after buying an additional 1,526 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of iShares Morningstar Multi-Asset Income ETF by 923.9% during the third quarter. IFP Advisors Inc now owns 4,106 shares of the company’s stock valued at $87,000 after buying an additional 3,705 shares during the last quarter. Finally, IHT Wealth Management LLC boosted its stake in iShares Morningstar Multi-Asset Income ETF by 5.6% during the 4th quarter. IHT Wealth Management LLC now owns 12,982 shares of the company’s stock valued at $278,000 after purchasing an additional 690 shares during the last quarter.

About iShares Morningstar Multi-Asset Income ETF

The iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund that is based on the Morningstar Multi-Asset High Income index. The fund tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production. IYLD was launched on Apr 5, 2012 and is managed by BlackRock.