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

VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 136 shares, an increase of 2,620.0% from the May 31st total of 5 shares. Based on an average daily volume of 655 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

VanEck Moodys Analytics BBB Corporate Bond ETF Stock Performance

Shares of BATS MBBB remained flat at $21.43 during midday trading on Thursday. 3,278 shares of the stock were exchanged, compared to its average volume of 5,911. The stock’s 50 day moving average is $21.38 and its 200 day moving average is $21.55. VanEck Moodys Analytics BBB Corporate Bond ETF has a 1 year low of $21.11 and a 1 year 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.