iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Stock Short Interest Report for September

iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 620,378 shares, a growth of 80.7% from the September 15th total of 343,400 shares. Based on an average daily volume of 1,701,352 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares 0-5 Year High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Pension & Wealth Management Advisors Inc. lifted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 6.8% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 81,417 shares of the company’s stock worth $3,358,000 after acquiring an additional 5,206 shares during the period. Rosenberg Matthew Hamilton boosted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 12.5% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 66,659 shares of the company’s stock valued at $2,750,000 after purchasing an additional 7,386 shares in the last quarter. Atomic Invest LLC increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 416.9% during the 2nd quarter. Atomic Invest LLC now owns 106,138 shares of the company’s stock worth $4,504,000 after purchasing an additional 85,604 shares in the last quarter. Continuum Advisory LLC grew its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 14.5% during the second quarter. Continuum Advisory LLC now owns 83,621 shares of the company’s stock worth $3,546,000 after buying an additional 10,565 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 21.3% during the 2nd quarter. Jones Financial Companies Lllp now owns 145,486 shares of the company’s stock worth $6,161,000 after acquiring an additional 25,592 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Down 0.4%

Shares of SHYG traded down $0.14 during trading hours on Friday, hitting $41.05. The company had a trading volume of 1,742,980 shares, compared to its average volume of 1,569,503. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $40.82 and a 12 month high of $43.31. The firm has a market cap of $7.60 billion, a price-to-earnings ratio of 10.74 and a beta of 0.29. The business has a fifty day moving average of $41.78 and a 200-day moving average of $42.15.

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.