VanEck Vectors Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Short Interest Down 52.0% in January

0

VanEck Vectors Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) was the target of a significant drop in short interest in January. As of January 31, there was short interest totaling 3,250,000 shares, a decrease of 52.0% from the total of 6,770,000 shares as of January 15. Based on an average trading volume of 2,111,700 shares, the day-to-cover ratio is currently 1.5 days.

Institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its holdings of VanEck Vectors Fallen Angel High Yield Bond ETF shares by 7.8% in the fourth quarter. Bank of America Corp DE now owns 20,700,208 shares of the company worth $682,486,000 after buying an additional 1,489,360 shares last quarter. Jane Street Group LLC increased its holdings of VanEck Vectors Fallen Angel High Yield Bond ETF shares by 1.4% in the third quarter. Jane Street Group LLC now owns 11,601,063 shares of the company worth $383,415,000 after purchasing an additional 163,874 shares in the last quarter. Morgan Stanley increased its holdings in VanEck Vectors Fallen Angel High Yield Bond ETF by 18.4% during the third quarter. Morgan Stanley now owns 3,951,558 shares of the company worth $130,599,000 after acquiring an additional 613,622 shares last quarter. Gradient Investments LLC increased its holdings of the VanEck Vectors Fallen Angel High Yield Bond ETF by 10.3% during the 4th quarter. Gradient Investments LLC now owns 2,985,133 shares of the company worth $98,420,000 after acquiring an additional 277,775 shares in the last quarter. Finally, Capital Investment Advisors LLC increased its position in shares of the VanEck Vectors Fallen Angel High Yield Bond ETF by 11.7% during the fourth quarter. Capital Investment Advisors LLC now owns 2,888,619 shares of the company valued at $95,238,000 after purchasing an additional 301,596 shares in the last quarter.

(A d)

This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.

Take your trading to the next level with the Options Strategy Guide.

VanEck Vectors Fallen Angel High Yield Bond ETF stock opened at $30.73 on Friday. VanEck Vectors Fallen Angel High Yield Bond ETF has a 52-week low of $30.63 and a 52-week high of $33.43. The stock has a fifty-day moving average price of $32.30 and a 200-day moving average price of $32.76.

The company also recently announced a monthly dividend, which was paid on Monday, February 7. Investors of record on Wednesday, February 2 received a dividend of $0.103 per share. This represents an annualized dividend of $1.24 and a yield of 4.02%. This is a positive change from the VanEck Vectors Fallen Angel High Yield Bond ETF’s previous $0.10 monthly dividend. The ex-dividend date was Tuesday, February 1.

Read more

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in the VanEck Vectors Fallen Angel High Yield Bond ETF right now?

Before you consider the VanEck Vectors Fallen Angel High Yield Bond ETF, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes over…and the VanEck Vectors Fallen Angel High Yield Bond ETF didn’t make the list.

While the VanEck Vectors Fallen Angel High Yield Bond ETF currently has an “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Share.

About Author

Comments are closed.