HYXU Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of the iShares Global ex USD High Yield Corporate Bond ETF ( HYXU) crossed below their 200 day moving average of $55.55, changing hands as low as $55.29 per share. iShares Global ex USD High Yield Corporate Bond shares are currently trading off about 0.6% on the day. The chart below shows the one year performance of HYXU shares, versus its 200 day moving average:

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iShares Global ex USD High Yield Corporate Bond 200 Day Moving Average Chart

Looking at the chart above, HYXU's low point in its 52 week range is $47.76 per share, with $60.15 as the 52 week high point — that compares with a last trade of $56.29.