Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Short Interest Up 162.2% in August

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 12,206 shares, a growth of 162.2% from the August 15th total of 4,656 shares. Based on an average daily volume of 23,695 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Xtrackers Short Duration High Yield Bond ETF Stock Performance

Shares of Xtrackers Short Duration High Yield Bond ETF stock traded down $0.09 during trading on Tuesday, reaching $43.58. The stock had a trading volume of 1,149 shares, compared to its average volume of 36,987. The stock has a fifty day moving average price of $44.05 and a two-hundred day moving average price of $44.28. Xtrackers Short Duration High Yield Bond ETF has a 52 week low of $43.60 and a 52 week high of $45.55.

Institutional Investors Weigh In On Xtrackers Short Duration High Yield Bond ETF

A hedge fund recently raised its position in Xtrackers Short Duration High Yield Bond ETF stock. USAdvisors Wealth Management LLC grew its holdings in Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) by 7.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,528 shares of the company’s stock after purchasing an additional 720 shares during the period. USAdvisors Wealth Management LLC owned about 0.18% of Xtrackers Short Duration High Yield Bond ETF worth $463,000 at the end of the most recent quarter.

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.