Short Interest in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Expands By 181.6%

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 1,169,182 shares, a growth of 181.6% from the December 31st total of 415,258 shares. Based on an average daily volume of 2,505,506 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.2% of the shares of the stock are sold short. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily volume of 2,505,506 shares, the days-to-cover ratio is presently 0.5 days.

Xtrackers USD High Yield Corporate Bond ETF Price Performance

Shares of Xtrackers USD High Yield Corporate Bond ETF stock opened at $37.03 on Thursday. Xtrackers USD High Yield Corporate Bond ETF has a 12 month low of $34.40 and a 12 month high of $37.19. The stock has a 50 day moving average of $36.91 and a 200 day moving average of $36.88.

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

Several institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 1,103.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 223,441 shares of the company’s stock worth $8,249,000 after buying an additional 204,868 shares during the last quarter. Performa Ltd US LLC boosted its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 11.7% in the 3rd quarter. Performa Ltd US LLC now owns 1,450,899 shares of the company’s stock worth $53,843,000 after purchasing an additional 151,943 shares during the period. BNP Paribas Financial Markets purchased a new stake in Xtrackers USD High Yield Corporate Bond ETF during the 2nd quarter valued at $2,581,000. TD Private Client Wealth LLC lifted its position in Xtrackers USD High Yield Corporate Bond ETF by 22.4% in the third quarter. TD Private Client Wealth LLC now owns 310,029 shares of the company’s stock worth $11,505,000 after buying an additional 56,730 shares during the last quarter. Finally, Retirement Investment Advisors Inc. boosted its stake in Xtrackers USD High Yield Corporate Bond ETF by 5.3% during the second quarter. Retirement Investment Advisors Inc. now owns 508,003 shares of the company’s stock worth $18,755,000 after buying an additional 25,754 shares during the period.

About Xtrackers USD High Yield Corporate Bond ETF

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.