LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Sees Significant Growth in Short Interest

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 88 shares, a growth of 151.4% from the September 30th total of 35 shares. Based on an average daily volume of 6,495 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

LeaderShares Dynamic Yield ETF Price Performance

DYLD traded up $0.01 during midday trading on Friday, hitting $22.09. 3,140 shares of the company’s stock traded hands, compared to its average volume of 4,789. LeaderShares Dynamic Yield ETF has a one year low of $21.88 and a one year high of $22.78. The stock’s fifty day simple moving average is $22.15 and its 200-day simple moving average is $22.38.

LeaderShares Dynamic Yield ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Wednesday, October 28th will be paid a $0.0768 dividend. The ex-dividend date is Wednesday, October 28th. This is a positive change from LeaderShares Dynamic Yield ETF’s previous monthly dividend of $0.0694. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.2%.

Hedge Funds Weigh In On LeaderShares Dynamic Yield ETF

An institutional investor recently bought a new stake in LeaderShares Dynamic Yield ETF stock. Coppell Advisory Solutions LLC bought a new position in LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,620 shares of the company’s stock, valued at approximately $216,000. Coppell Advisory Solutions LLC owned about 0.53% of LeaderShares Dynamic Yield ETF as of its most recent filing with the Securities and Exchange Commission.

LeaderShares Dynamic Yield ETF Company Profile

(Get Free Report)

The LeaderShares Dynamic Yield ETF (DYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified, global fixed income securities that seeks to capture higher yields through a proprietary risk-reward scheme. DYLD was launched on Jun 28, 2021 and is managed by LeaderShares.

Further Reading

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