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

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 773,700 shares, an increase of 26.4% from the January 15th total of 612,300 shares. Based on an average daily trading volume, of 779,100 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. FAS Wealth Partners Inc. raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 4.8% during the 4th quarter. FAS Wealth Partners Inc. now owns 217,125 shares of the company’s stock valued at $6,225,000 after purchasing an additional 9,910 shares in the last quarter. Piedmont Capital Management LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 3.4% during the 4th quarter. Piedmont Capital Management LLC now owns 90,106 shares of the company’s stock valued at $2,585,000 after purchasing an additional 2,975 shares in the last quarter. Two Sigma Securities LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at $241,000. Integrated Wealth Concepts LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 3.1% during the 4th quarter. Integrated Wealth Concepts LLC now owns 827,627 shares of the company’s stock valued at $23,728,000 after purchasing an additional 24,950 shares in the last quarter. Finally, Coppell Advisory Solutions LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 132.0% during the 4th quarter. Coppell Advisory Solutions LLC now owns 5,139 shares of the company’s stock valued at $147,000 after purchasing an additional 2,924 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.2 %

ANGL stock opened at $28.97 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.98 and a 12-month high of $29.47. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The company has a 50 day moving average of $28.87 and a two-hundred day moving average of $28.99.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.1563 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.