VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Short Interest Up 18.8% in September

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The VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL – Get Rating) was the target of a significant increase in short-term interest during the month of September. As of September 30, there was short interest totaling 2,270,000 shares, an increase of 18.8% from the total of 1,910,000 shares as of September 15. Based on an average daily trading volume of 1,991,500 shares, the short-term interest rate ratio is currently 1.1 days.

VanEck Fallen Angel High Yield Bond ETF Price Performance

ANGL opened at $26.03 on Friday. The company has a 50-day simple moving average of $27.36 and a 200-day simple moving average of $27.97. VanEck Fallen Angel High Yield Bond ETF has a fifty-two-week low of $25.75 and a fifty-two-week high of $33.42.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividends

The company also recently announced a monthly dividend, which was paid on Friday, October 7. Shareholders of record on Tuesday, October 4 received a dividend of $0.104. This represents an annualized dividend of $1.25 and a yield of 4.79%. The ex-dividend date was Monday, October 3.

Institutional investors weigh in on the VanEck Fallen Angel High Yield Bond ETF

Several large investors have recently bought and sold shares of ANGL. Massmutual Trust Co. FSB ADV increased its stake in VanEck Fallen Angel High Yield Bond ETF by 4.0% in the first quarter. Massmutual Trust Co. FSB ADV now owns 268,334 shares of the company valued at $8,157,000 after buying an additional 10,326 shares last quarter. Trilogy Capital Inc. increased its stake in VanEck Fallen Angel High Yield Bond ETF by 1.4% in the first quarter. Trilogy Capital Inc. now owns 425,123 shares of the company valued at $12,924,000 after purchasing an additional 5,963 shares in the last quarter. Legacy Financial Group LLC increased its stake in VanEck Fallen Angel High Yield Bond ETF by 163.6% in the first quarter. Legacy Financial Group LLC now owns 44,027 shares of the company valued at $1,338,000 after purchasing an additional 27,326 shares last quarter. Capital Investment Advisors LLC increased its stake in VanEck Fallen Angel High Yield Bond ETF by 6.8% in the first quarter. Capital Investment Advisors LLC now owns 3,086,109 shares of the company valued at $93,818,000 after purchasing an additional 197,490 shares last quarter. Finally, Family Legacy Inc. increased its stake in VanEck Fallen Angel High Yield Bond ETF by 13.6% in the first quarter. Family Legacy Inc. now owns 128,165 shares of the company valued at $3,896,000 after purchasing an additional 15,304 shares in the last quarter.

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