Short Interest in Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Decreases By 72.6%

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 4,605 shares, a decrease of 72.6% from the November 30th total of 16,806 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 27,824 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 27,824 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Xtrackers Short Duration High Yield Bond ETF

A hedge fund recently raised its stake in Xtrackers Short Duration High Yield Bond ETF stock. Ameriprise Financial Inc. raised its position in shares of Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) by 146.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 215,032 shares of the company’s stock after purchasing an additional 127,730 shares during the quarter. Ameriprise Financial Inc. owned 3.98% of Xtrackers Short Duration High Yield Bond ETF worth $9,768,000 as of its most recent SEC filing.

Xtrackers Short Duration High Yield Bond ETF Trading Down 0.0%

Shares of NYSEARCA SHYL traded down $0.01 during trading on Friday, reaching $44.93. The company had a trading volume of 12,351 shares, compared to its average volume of 33,310. Xtrackers Short Duration High Yield Bond ETF has a 12-month low of $42.03 and a 12-month high of $45.55. The business’s 50-day moving average is $45.01 and its 200 day moving average is $45.10.

Xtrackers Short Duration High Yield Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 10th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.2619 per share. The ex-dividend date was Monday, November 3rd. This is a positive change from Xtrackers Short Duration High Yield Bond ETF’s previous monthly dividend of $0.25. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%.

About Xtrackers Short Duration High Yield Bond ETF

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.