Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Short Interest Down 24.5% in February

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYLGet Free Report) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 22,463 shares, a drop of 24.5% from the January 29th total of 29,767 shares. Based on an average daily volume of 54,326 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are sold short. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 54,326 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Xtrackers Short Duration High Yield Bond ETF

An institutional investor recently bought a new position in Xtrackers Short Duration High Yield Bond ETF stock. Janney Montgomery Scott LLC purchased a new stake in Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYLFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,097 shares of the company’s stock, valued at approximately $814,000. Janney Montgomery Scott LLC owned approximately 0.31% of Xtrackers Short Duration High Yield Bond ETF as of its most recent SEC filing.

Xtrackers Short Duration High Yield Bond ETF Trading Up 0.0%

SHYL traded up $0.02 on Wednesday, hitting $44.56. 39,389 shares of the company were exchanged, compared to its average volume of 43,140. Xtrackers Short Duration High Yield Bond ETF has a fifty-two week low of $42.03 and a fifty-two week high of $45.55. The business’s fifty day moving average is $44.97 and its 200 day moving average is $45.08.

Xtrackers Short Duration High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, March 2nd will be paid a $0.237 dividend. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Monday, March 2nd.

About Xtrackers Short Duration High Yield Bond ETF

(Get Free Report)

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.

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