Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL – Get Free Report) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 18,197 shares, an increase of 104.7% from the June 30th total of 8,891 shares. Based on an average daily volume of 37,308 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s shares are short sold.
Institutional Trading of Xtrackers Short Duration High Yield Bond ETF
A number of large investors have recently bought and sold shares of SHYL. USAdvisors Wealth Management LLC lifted its stake in shares of Xtrackers Short Duration High Yield Bond ETF by 7.3% in the 1st quarter. USAdvisors Wealth Management LLC now owns 10,528 shares of the company’s stock valued at $463,000 after purchasing an additional 720 shares during the period. Janney Montgomery Scott LLC acquired a new stake in Xtrackers Short Duration High Yield Bond ETF during the fourth quarter worth approximately $814,000. Finally, Ameriprise Financial Inc. increased its holdings in Xtrackers Short Duration High Yield Bond ETF by 3.6% in the second quarter. Ameriprise Financial Inc. now owns 87,302 shares of the company’s stock worth $3,957,000 after purchasing an additional 3,006 shares in the last quarter.
Xtrackers Short Duration High Yield Bond ETF Price Performance
Shares of NYSEARCA SHYL opened at $44.07 on Friday. Xtrackers Short Duration High Yield Bond ETF has a twelve month low of $43.89 and a twelve month high of $45.55. The firm has a fifty day simple moving average of $44.25 and a 200 day simple moving average of $44.51.
Xtrackers Short Duration High Yield Bond ETF Company Profile
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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