Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Sees Significant Increase in Short Interest

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,795 shares, an increase of 201.7% from the August 15th total of 595 shares. Based on an average daily volume of 2,549 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock are short sold.

Xtrackers Low Beta High Yield Bond ETF Stock Down 0.1%

Shares of HYDW traded down $0.05 during mid-day trading on Friday, reaching $46.23. 5,574 shares of the stock traded hands, compared to its average volume of 5,773. Xtrackers Low Beta High Yield Bond ETF has a 1 year low of $46.07 and a 1 year high of $47.57. The firm has a fifty day moving average price of $46.64 and a 200 day moving average price of $46.71.

Hedge Funds Weigh In On Xtrackers Low Beta High Yield Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HYDW. Financial Gravity Asset Management Inc. increased its stake in Xtrackers Low Beta High Yield Bond ETF by 6.6% in the 4th quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock worth $18,274,000 after acquiring an additional 23,873 shares during the last quarter. American Family Investments Inc. lifted its position in Xtrackers Low Beta High Yield Bond ETF by 79.6% in the 2nd quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock worth $252,878,000 after buying an additional 2,370,000 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Xtrackers Low Beta High Yield Bond ETF by 28.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock worth $574,000 after acquiring an additional 2,688 shares during the last quarter.

About Xtrackers Low Beta High Yield Bond ETF

The Xtrackers Low Beta High Yield Bond ETF (HYDW) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high yield bonds with a low yield to worst. HYDW was launched on Jan 11, 2018 and is managed by Xtrackers.