(NYSE:HYT) shares saw heavy trading volume with 729K shares changing hands by the end of trading on Tuesday. Overall, volume was up 91.09% over the stocks normal daily volume.
Traders are feeling more bullish on shares of the company lately if you take note of the motion in short interest. The firm recorded a fall in short interest of -20.80% as of the latest report on October 31, 2017. Short shares fell from 292,316 to 231,528 over that timeframe. With short interest at 231,528 and short average daily volume at 294,416, days to cover is 1.0 and the percentage of shorted shares is 0.00% as of October 31.
These funds have shifted positions in (HYT). Arlington Capital Management, Inc. divested its position by shedding 12,078 shares a decrease of 3.1%. Arlington Capital Management, Inc. controls 383,666 shares with a value of $4,335,000. The value of the position overall is down by 0.0%. As of quarter end Brave Asset Management Inc had acquired 3,325 shares growing its position 31.1%. The value of the total investment in Blackrock High Yield Fund Vi Inc went from $117,000 to $158,000 a change of 35.0% for the reporting period.
Raymond James & Associates expanded its investment by buying 4,452 shares an increase of 2.8% from 06/30/2017 to 09/30/2017. Raymond James & Associates now holds 162,756 shares valued at $1,839,000. The total value of its holdings increased 6.0%. Baird Financial Group, Inc. grew its ownership by buying 3,604 shares an increase of 1.7% as of 09/30/2017. Baird Financial Group, Inc. currently owns 213,329 shares worth $2,411,000. The total value of its holdings increased 4.9%.
The company is down from yesterday’s close of 10.78. The most current P/E ratio is N/A and the market value is 1.36B.
BlackRock Corporate High Yield Fund VI, Inc. is a diversified closed-end management investment company. The Fund seeks to provide current income by investing primarily in a diversified portfolio of fixed-income securities..