iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW – Get Free Report) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 13,411 shares, a decrease of 83.7% from the September 30th total of 82,479 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 26,519 shares, the days-to-cover ratio is presently 0.5 days.
iShares High Yield Corporate Bond BuyWrite Strategy ETF Stock Performance
Shares of BATS:HYGW opened at $28.07 on Tuesday. iShares High Yield Corporate Bond BuyWrite Strategy ETF has a 52-week low of $27.85 and a 52-week high of $30.39. The company has a market capitalization of $210.53 million, a P/E ratio of 10.56 and a beta of 0.24. The company has a 50-day simple moving average of $28.46 and a 200 day simple moving average of $29.10.
Institutional Trading of iShares High Yield Corporate Bond BuyWrite Strategy ETF
An institutional investor recently bought a new stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF stock. Janney Montgomery Scott LLC bought a new position in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 8,499 shares of the company’s stock, valued at approximately $251,000. Janney Montgomery Scott LLC owned 0.11% of iShares High Yield Corporate Bond BuyWrite Strategy ETF at the end of the most recent quarter.
iShares High Yield Corporate Bond BuyWrite Strategy ETF Company Profile
The iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares. HYGW was launched on Aug 18, 2022 and is managed by BlackRock.
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