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) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 522,423 shares, a decrease of 44.7% from the August 15th total of 943,881 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 1,002,713 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of iShares 0-5 Year High Yield Corporate Bond ETF

Large investors have recently modified their holdings of the company. Continuum Advisory LLC boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 14.5% in the second quarter. Continuum Advisory LLC now owns 83,621 shares of the company’s stock worth $3,546,000 after purchasing an additional 10,565 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 21.3% in the second quarter. Jones Financial Companies Lllp now owns 145,486 shares of the company’s stock worth $6,161,000 after buying an additional 25,592 shares during the last quarter. Mount Lucas Management LP grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 1.3% during the second quarter. Mount Lucas Management LP now owns 52,003 shares of the company’s stock valued at $2,205,000 after buying an additional 647 shares during the period. Parallel Advisors LLC increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 28.5% during the first quarter. Parallel Advisors LLC now owns 10,513 shares of the company’s stock valued at $445,000 after buying an additional 2,331 shares during the last quarter. Finally, Strategic Investment Advisors MI boosted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 27.6% during the 1st quarter. Strategic Investment Advisors MI now owns 57,224 shares of the company’s stock worth $2,421,000 after acquiring an additional 12,381 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Up 0.2%

NYSEARCA:SHYG traded up $0.10 during trading hours on Thursday, reaching $41.83. The company had a trading volume of 1,163,038 shares, compared to its average volume of 1,547,863. iShares 0-5 Year High Yield Corporate Bond ETF has a 52 week low of $41.68 and a 52 week high of $43.39. The firm has a market cap of $7.57 billion, a price-to-earnings ratio of 10.74 and a beta of 0.28. The firm’s 50 day moving average price is $42.11 and its 200-day moving average price is $42.28.

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.