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

VanEck International High Yield Bond ETF (NYSEARCA:IHY) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 7,618 shares, a decline of 41.3% from the May 14th total of 12,976 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 19,386 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IHY. Jones Financial Companies Lllp boosted its stake in VanEck International High Yield Bond ETF by 45.0% during the 1st quarter. Jones Financial Companies Lllp now owns 2,850 shares of the company’s stock valued at $60,000 after purchasing an additional 884 shares during the period. Banque Cantonale Vaudoise lifted its stake in shares of VanEck International High Yield Bond ETF by 17.5% in the 3rd quarter. Banque Cantonale Vaudoise now owns 3,374 shares of the company’s stock worth $75,000 after acquiring an additional 503 shares during the period. Bank of America Corp DE lifted its stake in shares of VanEck International High Yield Bond ETF by 7.1% in the 2nd quarter. Bank of America Corp DE now owns 9,165 shares of the company’s stock worth $202,000 after acquiring an additional 610 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of VanEck International High Yield Bond ETF in the 2nd quarter worth approximately $272,000. Finally, Osaic Holdings Inc. lifted its stake in shares of VanEck International High Yield Bond ETF by 5.1% in the 2nd quarter. Osaic Holdings Inc. now owns 14,469 shares of the company’s stock worth $319,000 after acquiring an additional 700 shares during the period.

VanEck International High Yield Bond ETF Trading Down 0.0%

VanEck International High Yield Bond ETF stock traded down $0.01 during midday trading on Tuesday, reaching $21.83. 7,789 shares of the stock traded hands, compared to its average volume of 21,256. The firm has a fifty day moving average price of $21.80 and a two-hundred day moving average price of $21.90. The firm has a market cap of $50.21 million, a price-to-earnings ratio of 62.17 and a beta of 0.41. VanEck International High Yield Bond ETF has a fifty-two week low of $21.18 and a fifty-two week high of $22.50.

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.