iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) Short Interest Update

iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 10,838 shares, a decrease of 52.3% from the January 29th total of 22,744 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 51,181 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 51,181 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares Yield Optimized Bond ETF

Several institutional investors have recently made changes to their positions in BYLD. Cetera Investment Advisers raised its position in shares of iShares Yield Optimized Bond ETF by 182.1% during the 4th quarter. Cetera Investment Advisers now owns 198,063 shares of the company’s stock worth $4,511,000 after purchasing an additional 127,860 shares during the period. Osaic Holdings Inc. grew its stake in iShares Yield Optimized Bond ETF by 4.0% during the 4th quarter. Osaic Holdings Inc. now owns 377,251 shares of the company’s stock worth $8,591,000 after buying an additional 14,457 shares during the last quarter. Mariner LLC increased its position in iShares Yield Optimized Bond ETF by 16.8% in the fourth quarter. Mariner LLC now owns 299,244 shares of the company’s stock worth $6,815,000 after buying an additional 43,047 shares during the period. Focus Partners Wealth increased its position in iShares Yield Optimized Bond ETF by 1.1% in the fourth quarter. Focus Partners Wealth now owns 531,124 shares of the company’s stock worth $12,096,000 after buying an additional 5,743 shares during the period. Finally, Arax Advisory Partners bought a new stake in iShares Yield Optimized Bond ETF in the fourth quarter valued at $25,000.

iShares Yield Optimized Bond ETF Stock Performance

Shares of iShares Yield Optimized Bond ETF stock traded up $0.01 during trading hours on Friday, reaching $23.03. The company’s stock had a trading volume of 79,319 shares, compared to its average volume of 60,000. iShares Yield Optimized Bond ETF has a one year low of $21.55 and a one year high of $23.14. The company’s 50 day simple moving average is $22.88 and its 200 day simple moving average is $22.86. The stock has a market cap of $312.06 million, a P/E ratio of 10.76 and a beta of 0.26.

iShares Yield Optimized Bond ETF Company Profile

The iShares Yield Optimized Bond ETF (BYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that tracks a broad index of debt securities optimized for yield and mean variance. BYLD was launched on Apr 22, 2014 and is managed by BlackRock.