Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Short Interest Update

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,957 shares, a growth of 142.5% from the June 15th total of 807 shares. Based on an average daily volume of 2,575 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Xtrackers Low Beta High Yield Bond ETF

A number of institutional investors have recently made changes to their positions in HYDW. American Family Investments Inc. lifted its position in shares of Xtrackers Low Beta High Yield Bond ETF by 79.6% in the second quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock valued at $252,878,000 after acquiring an additional 2,370,000 shares in the last quarter. Financial Gravity Asset Management Inc. increased its position in Xtrackers Low Beta High Yield Bond ETF by 6.6% during the 4th quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock worth $18,274,000 after purchasing an additional 23,873 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in Xtrackers Low Beta High Yield Bond ETF by 28.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock worth $574,000 after purchasing an additional 2,688 shares in the last quarter.

Xtrackers Low Beta High Yield Bond ETF Stock Performance

HYDW stock remained flat at $46.57 on Tuesday. The company had a trading volume of 610 shares, compared to its average volume of 6,151. Xtrackers Low Beta High Yield Bond ETF has a 12-month low of $46.07 and a 12-month high of $47.57. The firm’s 50-day moving average price is $46.70 and its two-hundred day moving average price is $46.89.

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.