Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Sees Significant Growth in Short Interest

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 807 shares, an increase of 427.5% from the May 31st total of 153 shares. Based on an average daily trading volume, of 2,875 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. American Family Investments Inc. grew its position in 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 worth $252,878,000 after acquiring an additional 2,370,000 shares during the last quarter. Financial Gravity Asset Management Inc. boosted its stake in shares of Xtrackers Low Beta High Yield Bond ETF by 6.6% during the fourth quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock valued at $18,274,000 after purchasing an additional 23,873 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Xtrackers Low Beta High Yield Bond ETF by 28.5% during the second quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock valued at $574,000 after purchasing an additional 2,688 shares in the last quarter.

Xtrackers Low Beta High Yield Bond ETF Price Performance

Shares of NYSEARCA:HYDW traded up $0.03 during midday trading on Friday, hitting $46.80. The stock had a trading volume of 904 shares, compared to its average volume of 6,445. Xtrackers Low Beta High Yield Bond ETF has a fifty-two week low of $46.07 and a fifty-two week high of $47.57. The company’s 50-day moving average price is $46.75 and its 200-day moving average price is $46.93.

Xtrackers Low Beta High Yield Bond ETF Company Profile

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.