VanEck International High Yield Bond ETF (NYSEARCA:IHY) Short Interest Update

VanEck International High Yield Bond ETF (NYSEARCA:IHY) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 12,976 shares, an increase of 138.5% from the April 30th total of 5,441 shares. Based on an average daily volume of 40,997 shares, the short-interest ratio is presently 0.3 days. Currently, 0.6% of the company’s stock are short sold.

VanEck International High Yield Bond ETF Stock Performance

Shares of VanEck International High Yield Bond ETF stock traded up $0.09 during trading on Friday, hitting $21.92. 3,547 shares of the stock traded hands, compared to its average volume of 22,663. The stock has a market cap of $50.42 million, a P/E ratio of 62.17 and a beta of 0.42. VanEck International High Yield Bond ETF has a twelve month low of $21.18 and a twelve month high of $22.50. The company has a fifty day moving average price of $21.72 and a two-hundred day moving average price of $21.91.

Institutional Trading of VanEck International High Yield Bond ETF

A number of institutional investors have recently added to or reduced their stakes in IHY. Dunhill Financial LLC increased its stake in shares of VanEck International High Yield Bond ETF by 28.8% during the 4th quarter. Dunhill Financial LLC now owns 331,642 shares of the company’s stock worth $7,492,000 after purchasing an additional 74,134 shares during the last quarter. Sound Income Strategies LLC bought a new position in shares of VanEck International High Yield Bond ETF during the 4th quarter valued at $1,137,000. LPL Financial LLC lifted its stake in shares of VanEck International High Yield Bond ETF by 4.6% in the 4th quarter. LPL Financial LLC now owns 60,460 shares of the company’s stock valued at $1,330,000 after purchasing an additional 2,647 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in VanEck International High Yield Bond ETF by 26.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 83,492 shares of the company’s stock worth $1,837,000 after purchasing an additional 17,491 shares in the last quarter. Finally, RPg Family Wealth Advisory LLC boosted its holdings in VanEck International High Yield Bond ETF by 2.9% in the third quarter. RPg Family Wealth Advisory LLC now owns 349,202 shares of the company’s stock worth $7,728,000 after purchasing an additional 9,715 shares in the last quarter.

VanEck International High Yield Bond ETF Company Profile

The VanEck International High Yield Bond ETF (IHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of international corporate bonds rated below investment grade and denominated in developed-market currencies. IHY was launched on Apr 2, 2012 and is managed by VanEck.