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

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 7,995 shares, a growth of 328.9% from the November 30th total of 1,864 shares. Based on an average daily trading volume, of 5,795 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.2% of the company’s shares are sold short. Currently, 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 5,795 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC boosted its position in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 66.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 91,033 shares of the company’s stock after acquiring an additional 36,280 shares during the quarter. Sound Income Strategies LLC owned 18.21% of Xtrackers High Beta High Yield Bond ETF worth $3,840,000 at the end of the most recent quarter.

Xtrackers High Beta High Yield Bond ETF Price Performance

Shares of HYUP opened at $42.14 on Thursday. The company’s 50-day simple moving average is $42.17 and its 200-day simple moving average is $42.26. Xtrackers High Beta High Yield Bond ETF has a 1 year low of $39.48 and a 1 year high of $42.91.

About Xtrackers High Beta High Yield Bond ETF

The Xtrackers High Beta High Yield Bond ETF (HYUP) 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 high yield to worst. HYUP was launched on Jan 11, 2018 and is managed by Xtrackers.