Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) Stock Short Interest Jumps 3,161.3%

Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 47,745 shares, an increase of 3,161.3% from the September 15th total of 1,464 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 50,035 shares, the days-to-cover ratio is currently 1.0 days.

Xtrackers USD High Yield BB-B ex Financials ETF Price Performance

Shares of BHYB stock traded up $0.08 on Friday, hitting $52.54. 230 shares of the company’s stock traded hands, compared to its average volume of 201,343. The company’s fifty day simple moving average is $53.50 and its 200 day simple moving average is $53.87. Xtrackers USD High Yield BB-B ex Financials ETF has a one year low of $52.03 and a one year high of $54.99.

Xtrackers USD High Yield BB-B ex Financials ETF Company Profile

The Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of Ba1/BB+ through B3/B-. The fund places little restrictions on duration or maturity. BHYB was launched on Oct 27, 2023 and is issued by Xtrackers.