iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Sees Large Decrease in Short Interest

by · The Markets Daily

iShares Morningstar Multi-Asset Income ETF (BATS:IYLD – Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 5,440 shares, a decrease of 44.9% from the August 15th total of 9,881 shares. Based on an average daily volume of 17,016 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

iShares Morningstar Multi-Asset Income ETF Stock Down 0.2%

BATS:IYLD opened at $21.97 on Thursday. The company has a market cap of $120.83 million, a P/E ratio of 12.85 and a beta of 0.48. iShares Morningstar Multi-Asset Income ETF has a fifty-two week low of $20.90 and a fifty-two week high of $22.55. The firm’s 50 day moving average is $22.18 and its two-hundred day moving average is $22.09.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in IYLD. Renasant Bank purchased a new position in iShares Morningstar Multi-Asset Income ETF in the second quarter valued at approximately $1,328,000. Oarsman Capital Inc. purchased a new stake in iShares Morningstar Multi-Asset Income ETF during the second quarter worth approximately $826,000. First PREMIER Bank purchased a new stake in iShares Morningstar Multi-Asset Income ETF during the second quarter worth approximately $349,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares Morningstar Multi-Asset Income ETF in the second quarter worth $72,000. Finally, NewEdge Advisors LLC acquired a new stake in shares of iShares Morningstar Multi-Asset Income ETF in the second quarter worth $36,000.

About iShares Morningstar Multi-Asset Income ETF

(Get Free Report)

The iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund that is based on the Morningstar Multi-Asset High Income index. The fund tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production. IYLD was launched on Apr 5, 2012 and is managed by BlackRock.

Featured Stories