|Bid||62.00 x 29200|
|Ask||0.00 x 40000|
|Day's Range||62.00 - 62.01|
|52 Week Range||60.05 - 62.47|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||3.05%|
|Beta (5Y Monthly)||0.22|
|Expense Ratio (net)||0.05%|
Moody's Investors Service, ("Moody's") downgraded Houghton Mifflin Harcourt Publishers Inc.'s ("HMH") credit ratings, including its Corporate Family Rating to Caa1 from B3 and Speculative Grade Liquidity Rating to SGL-3 from SGL-2. "The downgrades reflects Moody's expectation of a sharp decline in revenue in 2020 caused by budgetary constraints and likely deferrals of purchasing decisions by school districts amid the coronavirus pandemic, which will lead to HMH's earnings decline and a spike in leverage in the next 12-18 months," according to Dilara Sukhov, Moody's lead analyst on Houghton Mifflin.
Here is a look at ETFs that currently offer attractive short buying opportunities. The ETFs included in this list are rated as buy candidates for two reasons. First, each of these funds is deemed to be in an uptrend based on the fact that its 50-day moving average is above its 200-day moving average, which are popular indicators for gauging medium-term and long-term trends, respectively. Second, each of these ETFs is also trading below its 20-day moving average, thereby offering a near-term “buy on the dip” opportunity given the longer-term uptrend at hand. Note that this list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
“I think one of the biggest stories we’ve seen, particularly from last year or so, has been flows into fixed-income products. It feels like folks are starting to understand that market, and the market continues to evolve,” Ryan Ludt, Global Head of ETF Capital Markets and Index Relations, Vanguard, said at the Inside ETFs conference. According to XTF data, Vanguard fixed-income ETFs attracted $34.6 billion in net inflows in the past year. Among its most popular bond ETF plays, the Vanguard Total Bond Market ETF (BND A) attracted $9.9 billion in inflows over the past year. BND provides investors with broad exposure to U.S. investment-grade bonds and can act as a core component in any long-term investment strategy, helping investors produce reliable income. The Vanguard Total International Bond Index Fund ETF Shares (BNDX A-) also brought in $9.6 billion in inflows over the past year. BNDX seeks to track the performance of a benchmark index that measures the investment return of international non-U.S. dollar-denominated investment-grade bonds. Additionally, the ETF includes a U.S. dollar currency hedge to limit the harmful effects of foreign exchange or forex swings. Additionally, the Vanguard Short-Term Government Bond ETF (VGSH A) saw $3.4 billion in net inflows. VGSH tracks short-term Treasuries, which provides in a portfolio carrying very little interest-rate and credit risk. While this fund will not generate spectacular results, it will deliver consistent returns and provide strong downside protection.