Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Short Interest Update

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 3,470 shares, a decline of 24.6% from the December 15th total of 4,605 shares. Based on an average daily trading volume, of 28,383 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 28,383 shares, the short-interest ratio is presently 0.1 days.

Xtrackers Short Duration High Yield Bond ETF Trading Up 0.0%

Shares of SHYL stock traded up $0.01 during mid-day trading on Friday, reaching $45.17. The company’s stock had a trading volume of 16,120 shares, compared to its average volume of 31,393. The firm’s 50-day moving average is $45.00 and its two-hundred day moving average is $45.12. Xtrackers Short Duration High Yield Bond ETF has a 1-year low of $42.03 and a 1-year high of $45.55.

Xtrackers Short Duration High Yield Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 10th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.2619 per share. 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 yield of 7.0%. The ex-dividend date was Monday, November 3rd.

Institutional Investors Weigh In On Xtrackers Short Duration High Yield Bond ETF

An institutional investor recently raised its position in Xtrackers Short Duration High Yield Bond ETF stock. USAdvisors Wealth Management LLC lifted its stake in Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) by 4.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,506 shares of the company’s stock after buying an additional 501 shares during the period. USAdvisors Wealth Management LLC owned about 0.31% of Xtrackers Short Duration High Yield Bond ETF worth $566,000 at the end of the most recent reporting period.

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.