Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Short Interest Down 81.4% in March

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) saw a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 738 shares, a decrease of 81.4% from the February 26th total of 3,963 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 4,633 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 4,633 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Xtrackers Low Beta High Yield Bond ETF

Hedge funds have recently bought and sold shares of the business. American Family Investments Inc. boosted its stake in shares of Xtrackers Low Beta High Yield Bond ETF by 79.6% during the 2nd quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock valued at $252,878,000 after buying an additional 2,370,000 shares during the last quarter. Financial Gravity Asset Management Inc. increased its stake in shares of Xtrackers Low Beta High Yield Bond ETF by 6.6% in the fourth quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock worth $18,274,000 after buying an additional 23,873 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Xtrackers Low Beta High Yield Bond ETF by 28.5% in the second quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock worth $574,000 after buying an additional 2,688 shares during the last quarter.

Xtrackers Low Beta High Yield Bond ETF Stock Performance

Shares of HYDW stock traded down $0.10 during mid-day trading on Tuesday, reaching $46.39. The company’s stock had a trading volume of 5,618 shares, compared to its average volume of 9,552. The company’s 50 day simple moving average is $47.08 and its 200-day simple moving average is $47.18. Xtrackers Low Beta High Yield Bond ETF has a 12-month low of $44.79 and a 12-month high of $47.57.

Xtrackers Low Beta High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, March 2nd were given a $0.1986 dividend. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend was Monday, March 2nd.

About Xtrackers Low Beta High Yield Bond ETF

The Xtrackers Low Beta High Yield Bond ETF (HYDW) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high yield bonds with a low yield to worst. HYDW was launched on Jan 11, 2018 and is managed by Xtrackers.