VanEck International High Yield Bond ETF (NYSEARCA:IHY) Short Interest Up 55.5% in July

VanEck International High Yield Bond ETF (NYSEARCA:IHY) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 3,108 shares, a growth of 55.5% from the July 15th total of 1,999 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 9,820 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On VanEck International High Yield Bond ETF

Several large investors have recently made changes to their positions in the stock. Dunhill Financial LLC increased its holdings in VanEck International High Yield Bond ETF by 28.8% during the 4th quarter. Dunhill Financial LLC now owns 331,642 shares of the company’s stock worth $7,492,000 after purchasing an additional 74,134 shares in the last quarter. Orion Porfolio Solutions LLC acquired a new position in shares of VanEck International High Yield Bond ETF during the 2nd quarter worth about $1,276,000. Jane Street Group LLC increased its position in VanEck International High Yield Bond ETF by 262.9% during the fourth quarter. Jane Street Group LLC now owns 33,521 shares of the company’s stock worth $737,000 after buying an additional 24,283 shares during the last quarter. Brookstone Capital Management bought a new stake in VanEck International High Yield Bond ETF in the 1st quarter valued at $519,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of VanEck International High Yield Bond ETF in the third quarter valued at about $501,000.

VanEck International High Yield Bond ETF Stock Performance

IHY opened at $21.62 on Tuesday. VanEck International High Yield Bond ETF has a twelve month low of $21.18 and a twelve month high of $22.50. The firm has a market cap of $43.24 million, a PE ratio of 62.17 and a beta of 0.41. The firm’s fifty day moving average is $21.63 and its two-hundred day moving average is $21.77.

VanEck International High Yield Bond ETF Company Profile

The VanEck International High Yield Bond ETF (IHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of international corporate bonds rated below investment grade and denominated in developed-market currencies. IHY was launched on Apr 2, 2012 and is managed by VanEck.