Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Stock Short Interest Drops 60.5%

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 654 shares, a decrease of 60.5% from the September 30th total of 1,656 shares. Based on an average trading volume of 3,135 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC lifted its position in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 22.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 169,166 shares of the company’s stock after buying an additional 31,312 shares during the period. Sound Income Strategies LLC owned about 16.11% of Xtrackers High Beta High Yield Bond ETF worth $7,003,000 as of its most recent SEC filing.

Xtrackers High Beta High Yield Bond ETF Trading Down 0.3%

NYSEARCA HYUP traded down $0.12 during trading hours on Friday, reaching $39.42. 5,778 shares of the company’s stock traded hands, compared to its average volume of 8,851. Xtrackers High Beta High Yield Bond ETF has a 52-week low of $39.01 and a 52-week high of $42.57. The firm has a 50-day simple moving average of $40.21 and a 200 day simple moving average of $41.39.

Xtrackers High Beta High Yield Bond ETF Company Profile

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.