Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Short Interest Down 45.3% in July

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 9,957 shares, a drop of 45.3% from the July 15th total of 18,197 shares. Based on an average trading volume of 80,480 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are short sold.

Xtrackers Short Duration High Yield Bond ETF Stock Down 0.1%

SHYL traded down $0.03 on Monday, hitting $44.06. The company had a trading volume of 17,561 shares, compared to its average volume of 38,541. The company’s fifty day moving average price is $44.17 and its 200 day moving average price is $44.41. Xtrackers Short Duration High Yield Bond ETF has a 1-year low of $43.88 and a 1-year high of $45.55.

Institutional Trading of Xtrackers Short Duration High Yield Bond ETF

Large investors have recently modified their holdings of the company. USAdvisors Wealth Management LLC grew its stake in Xtrackers Short Duration High Yield Bond ETF by 7.3% in the 1st quarter. USAdvisors Wealth Management LLC now owns 10,528 shares of the company’s stock valued at $463,000 after buying an additional 720 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in Xtrackers Short Duration High Yield Bond ETF during the 4th quarter worth $814,000. Finally, Ameriprise Financial Inc. boosted its holdings in Xtrackers Short Duration High Yield Bond ETF by 3.6% during the second quarter. Ameriprise Financial Inc. now owns 87,302 shares of the company’s stock valued at $3,957,000 after acquiring an additional 3,006 shares during the period.

Xtrackers Short Duration High Yield Bond ETF Company Profile

The Xtrackers Short Duration High Yield Bond ETF (SHYL) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high-yield corporate bonds with 0 to 5 years remaining to maturity. SHYL was launched on Jan 10, 2018 and is managed by Xtrackers.