State Street Blackstone High Income ETF (BATS:HYBL) Short Interest Up 321.0% in April

State Street Blackstone High Income ETF (BATS:HYBL) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 59,101 shares, a growth of 321.0% from the April 15th total of 14,037 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 90,975 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HYBL. Decker Wealth Management LLC bought a new position in State Street Blackstone High Income ETF in the 1st quarter valued at $11,678,000. ZEGA Investments LLC boosted its position in State Street Blackstone High Income ETF by 31.7% in the 4th quarter. ZEGA Investments LLC now owns 1,685,210 shares of the company’s stock valued at $47,927,000 after buying an additional 405,530 shares during the last quarter. Jane Street Group LLC bought a new position in State Street Blackstone High Income ETF in the 1st quarter valued at $4,469,000. OneAscent Wealth Management LLC bought a new position in State Street Blackstone High Income ETF in the 3rd quarter valued at $4,367,000. Finally, OneAscent Financial Services LLC boosted its position in State Street Blackstone High Income ETF by 145.6% in the 4th quarter. OneAscent Financial Services LLC now owns 241,243 shares of the company’s stock valued at $6,861,000 after buying an additional 143,001 shares during the last quarter.

State Street Blackstone High Income ETF Trading Up 0.1%

Shares of HYBL opened at $28.09 on Friday. The business’s fifty day moving average price is $27.91 and its two-hundred day moving average price is $28.24. State Street Blackstone High Income ETF has a 52 week low of $27.60 and a 52 week high of $28.69.

About State Street Blackstone High Income ETF

The SPDR Blackstone High Income ETF (HYBL) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund seeks to provide risk-adjusted total return and high current income through an actively managed portfolio of USD-denominated high yield corporate bonds, senior loans, and collateralized loan obligations (CLOs) of any maturity. HYBL was launched on Feb 17, 2022 and is managed by State Street.