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

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 14 shares, a decrease of 98.9% from the April 30th total of 1,244 shares. Based on an average daily trading volume, of 2,847 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. purchased a new position in shares of LeaderShares Dynamic Yield ETF during the second quarter worth about $231,000. Goldman Sachs Group Inc. boosted its stake in LeaderShares Dynamic Yield ETF by 29.5% in the fourth 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 in the last quarter. Jane Street Group LLC boosted its stake in shares of LeaderShares Dynamic Yield ETF by 97.1% during the fourth 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 during the period. UBS Group AG boosted its stake in shares of LeaderShares Dynamic Yield ETF by 18.5% during the third quarter. UBS Group AG now owns 47,052 shares of the company’s stock valued at $1,069,000 after purchasing an additional 7,355 shares during the period. Finally, Citadel Advisors LLC boosted its stake in shares of LeaderShares Dynamic Yield ETF by 657.0% during 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.

LeaderShares Dynamic Yield ETF Stock Up 0.2%

Shares of NYSEARCA DYLD traded up $0.04 during midday trading on Friday, hitting $22.47. 914 shares of the company’s stock were exchanged, compared to its average volume of 3,907. 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 two-hundred day moving average price is $22.56.

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.