LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Short Interest Update

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,459 shares, an increase of 1,071.0% from the August 15th total of 210 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 14,526 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On LeaderShares Dynamic Yield ETF

Several institutional investors have recently made changes to their positions in DYLD. Citadel Advisors LLC increased its stake in shares of LeaderShares Dynamic Yield ETF by 657.0% in the third quarter. Citadel Advisors LLC now owns 126,595 shares of the company’s stock worth $2,876,000 after purchasing an additional 109,872 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of LeaderShares Dynamic Yield ETF during the 1st quarter valued at $2,468,000. Redwood Investment Management LLC lifted its stake in shares of LeaderShares Dynamic Yield ETF by 8.2% during the 1st quarter. Redwood Investment Management LLC now owns 586,292 shares of the company’s stock valued at $13,139,000 after buying an additional 44,519 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in shares of LeaderShares Dynamic Yield ETF during the 2nd quarter valued at $231,000. Finally, Coppell Advisory Solutions LLC bought a new position in LeaderShares Dynamic Yield ETF in the 2nd quarter worth $216,000.

LeaderShares Dynamic Yield ETF Stock Performance

Shares of DYLD traded down $0.05 during trading hours on Thursday, hitting $22.17. The stock had a trading volume of 624 shares, compared to its average volume of 4,097. LeaderShares Dynamic Yield ETF has a 12 month low of $22.16 and a 12 month high of $22.92. The stock has a fifty day moving average price of $22.30 and a 200 day moving average price of $22.41.

LeaderShares Dynamic Yield ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Friday, July 24th were paid a dividend of $0.062 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Friday, July 24th.

About LeaderShares Dynamic Yield ETF

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.