Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Short Interest Update

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,957 shares, a growth of 142.5% from the June 15th total of 807 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,575 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of Xtrackers Low Beta High Yield Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Financial Gravity Asset Management Inc. grew its position in Xtrackers Low Beta High Yield Bond ETF by 6.6% during the fourth quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock worth $18,274,000 after buying an additional 23,873 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Xtrackers Low Beta High Yield Bond ETF by 28.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock valued at $574,000 after acquiring an additional 2,688 shares during the period. Finally, American Family Investments Inc. boosted its stake in shares of Xtrackers Low Beta High Yield Bond ETF by 79.6% during the 2nd quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock worth $252,878,000 after acquiring an additional 2,370,000 shares in the last quarter.

Xtrackers Low Beta High Yield Bond ETF Price Performance

Shares of Xtrackers Low Beta High Yield Bond ETF stock remained flat at $46.57 during trading on Tuesday. The company had a trading volume of 610 shares, compared to its average volume of 6,151. The business’s 50-day simple moving average is $46.70 and its 200 day simple moving average is $46.89. Xtrackers Low Beta High Yield Bond ETF has a 12-month low of $46.07 and a 12-month high of $47.57.

About Xtrackers Low Beta High Yield Bond ETF

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