LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Sees Large Increase in Short Interest

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,856 shares, an increase of 13,157.1% from the May 14th total of 14 shares. Based on an average daily volume of 2,405 shares, the short-interest ratio is currently 0.8 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of LeaderShares Dynamic Yield ETF

Several large investors have recently made changes to their positions in DYLD. Jane Street Group LLC lifted its holdings in LeaderShares Dynamic Yield ETF by 97.1% in the 4th quarter. Jane Street Group LLC now owns 26,690 shares of the company’s stock valued at $604,000 after purchasing an additional 13,151 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of LeaderShares Dynamic Yield ETF by 29.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 12,122 shares of the company’s stock worth $274,000 after buying an additional 2,761 shares during the last quarter. Citadel Advisors LLC raised its position in LeaderShares Dynamic Yield ETF by 657.0% in the third quarter. Citadel Advisors LLC now owns 126,595 shares of the company’s stock valued at $2,876,000 after purchasing an additional 109,872 shares during the period. UBS Group AG raised its holdings in LeaderShares Dynamic Yield ETF by 18.5% in the 3rd quarter. UBS Group AG now owns 47,052 shares of the company’s stock valued at $1,069,000 after buying an additional 7,355 shares during the period. Finally, JPMorgan Chase & Co. purchased a new stake in shares of LeaderShares Dynamic Yield ETF in the 2nd quarter valued at approximately $231,000.

LeaderShares Dynamic Yield ETF Stock Performance

DYLD stock remained flat at $22.42 during trading on Tuesday. The company had a trading volume of 6,770 shares, compared to its average volume of 3,950. LeaderShares Dynamic Yield ETF has a 12 month low of $22.27 and a 12 month high of $22.92. The business’s fifty day moving average price is $22.45 and its 200-day moving average price is $22.55.

LeaderShares Dynamic Yield ETF Company Profile

The LeaderShares Dynamic Yield ETF (DYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified, global fixed income securities that seeks to capture higher yields through a proprietary risk-reward scheme. DYLD was launched on Jun 28, 2021 and is managed by LeaderShares.