VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Stock Short Interest Report for September

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 151,384 shares, a drop of 40.3% from the September 15th total of 253,405 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 173,726 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its stake in VanEck Emerging Markets High Yield Bond ETF by 167.4% during the first quarter. Bank of America Corp DE now owns 4,431,238 shares of the company’s stock valued at $87,428,000 after purchasing an additional 2,774,036 shares in the last quarter. Sound Income Strategies LLC bought a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the third quarter valued at approximately $29,737,000. Assetmark Inc. boosted its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 13.2% in the first quarter. Assetmark Inc. now owns 729,335 shares of the company’s stock valued at $14,390,000 after purchasing an additional 84,849 shares during the period. Ferguson Shapiro LLC bought a new stake in VanEck Emerging Markets High Yield Bond ETF during the 2nd quarter valued at $1,658,000. Finally, Whitcomb & Hess Inc. purchased a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the third quarter valued at $1,505,000.

VanEck Emerging Markets High Yield Bond ETF Trading Down 0.3%

Shares of NYSEARCA HYEM traded down $0.06 during midday trading on Friday, hitting $19.39. The stock had a trading volume of 42,251 shares, compared to its average volume of 194,861. VanEck Emerging Markets High Yield Bond ETF has a 52 week low of $19.20 and a 52 week high of $20.36. The business’s 50 day moving average is $19.78 and its 200-day moving average is $19.95.

VanEck Emerging Markets High Yield Bond ETF Company Profile

The VanEck Emerging Markets High Yield Bond ETF (HYEM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index that measures the performance of sub-investment-grade corporate debt from emerging markets. HYEM was launched on May 9, 2012 and is managed by VanEck.