Short Interest in VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) Increases By 78.7%

VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 890 shares, a growth of 78.7% from the April 30th total of 498 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 24,388 shares, the days-to-cover ratio is presently 0.0 days.

VanEck Moodys Analytics BBB Corporate Bond ETF Price Performance

BATS MBBB traded down $0.07 on Wednesday, reaching $21.29. 481 shares of the stock were exchanged, compared to its average volume of 6,618. VanEck Moodys Analytics BBB Corporate Bond ETF has a one year low of $21.11 and a one year high of $22.12. The company’s 50-day simple moving average is $21.38 and its two-hundred day simple moving average is $21.60.

About VanEck Moodys Analytics BBB Corporate Bond ETF

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.