VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) Short Interest Update

VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 16,887 shares, a drop of 55.5% from the August 15th total of 37,943 shares. Based on an average daily trading volume, of 35,250 shares, the days-to-cover ratio is currently 0.5 days. Currently, 2.6% of the shares of the company are short sold.

VanEck Moodys Analytics IG Corporate Bond ETF Stock Performance

Shares of MIG stock opened at $20.58 on Monday. VanEck Moodys Analytics IG Corporate Bond ETF has a 52-week low of $20.58 and a 52-week high of $22.09. The stock’s 50-day moving average price is $20.94 and its 200 day moving average price is $21.21.

VanEck Moodys Analytics IG Corporate Bond ETF Company Profile

The VanEck Moody’s Analytics IG Corporate Bond ETF (MIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade corporate bonds issued in the US domestic market. MIG was launched on Dec 1, 2020 and is managed by VanEck.