“iShares Broad USD High Yield Corporate Bond Surpasses 200-Day Moving Average, Signaling Bullish Momentum for USHY”

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iShares Broad USD High Yield ETF Surpasses 200-Day Moving Average

During Tuesday’s trading session, shares of the iShares Broad USD High Yield Corporate Bond ETF (Symbol: USHY) rose above their 200-day moving average, which is set at $37.01. The shares reached a peak of $37.04. Currently, the ETF is up approximately 0.2% for the day. Below is a chart displaying the one-year performance of USHY shares in relation to its 200-day moving average:

iShares Broad USD High Yield Corporate Bond 200 Day Moving Average Chart

Analyzing the data, USHY experienced a low of $34.9013 per share within its 52-week range, while its 52-week high is noted at $37.72. The last recorded trade for USHY was $36.98.

Click here to find out more about other ETFs that recently crossed their 200-day moving average.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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