Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Short Interest Down 53.2% in August

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 4,656 shares, a decrease of 53.2% from the July 30th total of 9,957 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 23,220 shares, the days-to-cover ratio is currently 0.2 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. boosted its holdings in shares of Xtrackers Short Duration High Yield Bond ETF by 146.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 215,032 shares of the company’s stock valued at $9,768,000 after acquiring an additional 127,730 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Xtrackers Short Duration High Yield Bond ETF by 9.3% during the first 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. Finally, USAdvisors Wealth Management LLC lifted its position in Xtrackers Short Duration High Yield Bond ETF by 7.3% during the first 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.

Xtrackers Short Duration High Yield Bond ETF Trading Up 0.0%

Shares of Xtrackers Short Duration High Yield Bond ETF stock traded up $0.01 during trading on Monday, hitting $44.27. 44,662 shares of the company’s stock traded hands, compared to its average volume of 37,680. Xtrackers Short Duration High Yield Bond ETF has a 1 year low of $43.88 and a 1 year high of $45.55. The business has a 50-day simple moving average of $44.14 and a 200-day simple moving average of $44.36.

About Xtrackers Short Duration High Yield Bond ETF

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.