Short Interest in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Increases By 168.1%

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 25,324 shares, a growth of 168.1% from the February 12th total of 9,444 shares. Based on an average trading volume of 56,535 shares, the short-interest ratio is currently 0.4 days. Approximately 3.4% of the shares of the company are sold short. Approximately 3.4% of the shares of the company are sold short. Based on an average trading volume of 56,535 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC grew its stake in shares of Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 51.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,854 shares of the company’s stock after buying an additional 46,821 shares during the period. Sound Income Strategies LLC owned 19.69% of Xtrackers High Beta High Yield Bond ETF worth $5,858,000 at the end of the most recent reporting period.

Xtrackers High Beta High Yield Bond ETF Trading Down 0.2%

Shares of HYUP stock traded down $0.08 during mid-day trading on Wednesday, reaching $41.76. 9,539 shares of the company’s stock traded hands, compared to its average volume of 18,811. Xtrackers High Beta High Yield Bond ETF has a 12 month low of $39.48 and a 12 month high of $42.91. The firm has a 50 day moving average price of $42.28 and a two-hundred day moving average price of $42.30.

Xtrackers High Beta High Yield Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1937 per share. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Monday, March 2nd.

About Xtrackers High Beta High Yield Bond ETF

The Xtrackers High Beta High Yield Bond ETF (HYUP) 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 high yield to worst. HYUP was launched on Jan 11, 2018 and is managed by Xtrackers.