VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Sees Significant Increase in Short Interest

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 806,358 shares, an increase of 51.5% from the January 29th total of 532,259 shares. Based on an average daily volume of 224,253 shares, the short-interest ratio is presently 3.6 days. Approximately 3.7% of the company’s stock are short sold. Approximately 3.7% of the company’s stock are short sold. Based on an average daily volume of 224,253 shares, the short-interest ratio is presently 3.6 days.

Institutional Trading of VanEck Emerging Markets High Yield Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada boosted its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 14.4% in the 1st quarter. Royal Bank of Canada now owns 175,757 shares of the company’s stock valued at $3,454,000 after buying an additional 22,168 shares during the period. Jones Financial Companies Lllp acquired a new position in VanEck Emerging Markets High Yield Bond ETF in the first quarter valued at approximately $25,000. Jane Street Group LLC grew its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 23.5% during the first quarter. Jane Street Group LLC now owns 167,832 shares of the company’s stock valued at $3,298,000 after purchasing an additional 31,899 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 30.9% during the second quarter. Envestnet Asset Management Inc. now owns 99,633 shares of the company’s stock valued at $1,975,000 after acquiring an additional 23,541 shares during the period. Finally, Optivise Advisory Services LLC acquired a new stake in VanEck Emerging Markets High Yield Bond ETF in the second quarter worth about $776,000.

VanEck Emerging Markets High Yield Bond ETF Stock Performance

VanEck Emerging Markets High Yield Bond ETF stock traded down $0.15 during midday trading on Monday, hitting $20.11. 130,463 shares of the stock were exchanged, compared to its average volume of 159,429. The company has a 50 day moving average price of $20.09 and a two-hundred day moving average price of $20.03. VanEck Emerging Markets High Yield Bond ETF has a 1 year low of $18.43 and a 1 year high of $20.34.

VanEck Emerging Markets High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be issued a $0.0997 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Monday, March 2nd.

About VanEck Emerging Markets High Yield Bond ETF

The VanEck Emerging Markets High Yield Bond ETF (HYEM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index that measures the performance of sub-investment-grade corporate debt from emerging markets. HYEM was launched on May 9, 2012 and is managed by VanEck.