In trading on Wednesday, shares of the iShares iBoxx $ High Yield Corporate Bond ETF (Symbol: HYG) crossed below their 200 day moving average of $74.72, changing hands as low as $74.45 per share. iShares iBoxx $ High Yield Corporate Bond shares are currently trading down about 0.6% on the day. The chart below shows the one year performance of HYG shares, versus its 200 day moving average:
Looking at the chart above, HYG’s low point in its 52 week range is $70.40 per share, with $81.40 as the 52 week high point — that compares with a last trade of $74.46.
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