Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) Short Interest Up 107.5% in June

Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 4,884 shares, a growth of 107.5% from the June 15th total of 2,354 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 430,918 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers USD High Yield BB-B ex Financials ETF stock. American Family Investments Inc. raised its holdings in shares of Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) by 2.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,518,800 shares of the company’s stock after buying an additional 340,000 shares during the period. Xtrackers USD High Yield BB-B ex Financials ETF comprises 46.2% of American Family Investments Inc.’s investment portfolio, making the stock its largest position. American Family Investments Inc. owned 97.30% of Xtrackers USD High Yield BB-B ex Financials ETF worth $845,387,000 as of its most recent SEC filing.

Xtrackers USD High Yield BB-B ex Financials ETF Stock Performance

Xtrackers USD High Yield BB-B ex Financials ETF stock opened at $53.98 on Wednesday. Xtrackers USD High Yield BB-B ex Financials ETF has a 12 month low of $53.33 and a 12 month high of $54.99. The stock’s 50-day moving average is $54.11 and its 200-day moving average is $54.30.

About Xtrackers USD High Yield BB-B ex Financials ETF

The Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of Ba1/BB+ through B3/B-. The fund places little restrictions on duration or maturity. BHYB was launched on Oct 27, 2023 and is issued by Xtrackers.