ZHY Makes Notable Cross Below Critical Moving Average
In trading on Wednesday, shares of BMO High Yield US Corporate Bond Hedged to CAD Index ETF (TSX: ZHY.TO) crossed below their 200 day moving average of $15.93, changing hands as low as $15.88 per share. BMO High Yield US Corporate Bond Hedged to CAD Index ETF shares are currently trading off about 0.1% on the day. The chart below shows the one year performance of ZHY shares, versus its 200 day moving average:
Looking at the chart above, ZHY's low point in its 52 week range is $15.10 per share, with $16.48 as the 52 week high point — that compares with a last trade of $15.97.
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