VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) Sees Significant Decline in Short Interest

VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 5 shares, a drop of 99.4% from the May 14th total of 890 shares. Based on an average daily volume of 2,095 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

VanEck Moodys Analytics BBB Corporate Bond ETF Stock Performance

VanEck Moodys Analytics BBB Corporate Bond ETF stock opened at $21.24 on Thursday. The business has a 50 day simple moving average of $21.38 and a 200-day simple moving average of $21.58. VanEck Moodys Analytics BBB Corporate Bond ETF has a 12 month low of $21.11 and a 12 month high of $22.12.

VanEck Moodys Analytics BBB Corporate Bond ETF Company Profile

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