Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Sees Significant Growth in Short Interest

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 1,385,246 shares, an increase of 73.2% from the November 30th total of 799,635 shares. Based on an average daily volume of 1,536,771 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.3% of the shares of the stock are short sold. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily volume of 1,536,771 shares, the days-to-cover ratio is presently 0.9 days.

Xtrackers USD High Yield Corporate Bond ETF Price Performance

Xtrackers USD High Yield Corporate Bond ETF stock traded down $0.01 during trading hours on Tuesday, hitting $36.84. 189,102 shares of the stock were exchanged, compared to its average volume of 1,646,190. Xtrackers USD High Yield Corporate Bond ETF has a 12 month low of $34.40 and a 12 month high of $37.19. The business’s 50-day moving average is $36.83 and its two-hundred day moving average is $36.82.

Hedge Funds Weigh In On Xtrackers USD High Yield Corporate Bond ETF

Large investors have recently modified their holdings of the stock. NewEdge Advisors LLC increased its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 11.0% in the third quarter. NewEdge Advisors LLC now owns 25,506 shares of the company’s stock valued at $947,000 after acquiring an additional 2,521 shares during the last quarter. Wiser Advisor Group LLC raised its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 1.3% during the 3rd quarter. Wiser Advisor Group LLC now owns 33,798 shares of the company’s stock worth $1,254,000 after purchasing an additional 435 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 81.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 126,581 shares of the company’s stock valued at $4,697,000 after buying an additional 56,678 shares during the last quarter. Performa Ltd US LLC grew its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 11.7% in the third quarter. Performa Ltd US LLC now owns 1,450,899 shares of the company’s stock valued at $53,843,000 after buying an additional 151,943 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its position in Xtrackers USD High Yield Corporate Bond ETF by 26.0% during the third quarter. Jones Financial Companies Lllp now owns 3,571 shares of the company’s stock worth $132,000 after acquiring an additional 736 shares in the last quarter.

Xtrackers USD High Yield Corporate Bond ETF Company Profile

The Xtrackers USD High Yield Corporate Bond ETF (HYLB) 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 1 to 15 years remaining to maturity. HYLB was launched on Dec 7, 2016 and is managed by Xtrackers.