Short Interest in Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Rises By 427.5%

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 807 shares, a growth of 427.5% from the May 31st total of 153 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 2,875 shares, the days-to-cover ratio is presently 0.3 days.

Xtrackers Low Beta High Yield Bond ETF Stock Performance

Shares of NYSEARCA:HYDW opened at $46.80 on Friday. The stock’s fifty day simple moving average is $46.75 and its two-hundred day simple moving average is $46.94. Xtrackers Low Beta High Yield Bond ETF has a 1-year low of $46.07 and a 1-year high of $47.57.

Institutional Trading of Xtrackers Low Beta High Yield Bond ETF

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

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.