VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Short Interest Update

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 1,190,000 shares, an increase of 145.7% from the May 31st total of 484,300 shares. Based on an average daily volume of 1,191,100 shares, the short-interest ratio is presently 1.0 days.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.1 %

ANGL traded down $0.02 on Friday, reaching $28.38. The stock had a trading volume of 424,385 shares, compared to its average volume of 1,178,448. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The firm has a 50-day moving average of $28.51 and a 200-day moving average of $28.70. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.28 and a fifty-two week high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, June 6th. Stockholders of record on Monday, June 3rd were paid a $0.1562 dividend. The ex-dividend date was Monday, June 3rd.

Institutional Investors Weigh In On VanEck Fallen Angel High Yield Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. State of Tennessee Treasury Department boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 61.9% during the 4th quarter. State of Tennessee Treasury Department now owns 3,933,600 shares of the company’s stock valued at $113,209,000 after purchasing an additional 1,504,000 shares in the last quarter. Capital Investment Advisors LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.2% during the 4th quarter. Capital Investment Advisors LLC now owns 2,713,464 shares of the company’s stock valued at $78,094,000 after purchasing an additional 84,710 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 10.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,167,274 shares of the company’s stock valued at $62,374,000 after purchasing an additional 211,090 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 53.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,060,940 shares of the company’s stock valued at $55,796,000 after purchasing an additional 721,999 shares in the last quarter. Finally, Morningstar Investment Services LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 98.6% during the 4th quarter. Morningstar Investment Services LLC now owns 1,732,443 shares of the company’s stock valued at $49,964,000 after purchasing an additional 860,132 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Company Profile

The VanEck Fallen Angel High Yield Bond ETF (ANGL) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of bonds that were rated investment grade at issuance but later downgraded to sub-investment grade. ANGL was launched on Apr 10, 2012 and is managed by VanEck.