Short Interest in Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Decreases By 45.3%

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 9,957 shares, a decrease of 45.3% from the July 15th total of 18,197 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 80,480 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Xtrackers Short Duration High Yield Bond ETF

A number of large investors have recently modified their holdings of SHYL. Janney Montgomery Scott LLC increased its position in shares of Xtrackers Short Duration High Yield Bond ETF by 9.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 19,774 shares of the company’s stock valued at $878,000 after purchasing an additional 1,677 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Xtrackers Short Duration High Yield Bond ETF by 3.6% in the 2nd 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. Finally, USAdvisors Wealth Management LLC lifted its stake in Xtrackers Short Duration High Yield Bond ETF by 7.3% during the 1st quarter. USAdvisors Wealth Management LLC now owns 10,528 shares of the company’s stock valued at $463,000 after acquiring an additional 720 shares during the period.

Xtrackers Short Duration High Yield Bond ETF Price Performance

SHYL traded down $0.05 during trading on Tuesday, hitting $44.01. 11,231 shares of the company traded hands, compared to its average volume of 38,366. The stock’s fifty day moving average is $44.17 and its 200 day moving average is $44.41. Xtrackers Short Duration High Yield Bond ETF has a one year low of $43.88 and a one year high of $45.55.

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.