LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Shares Shorted: Short Interest Down 94.6% in September

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD – Get Free Report) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 133 shares, a drop of 94.6% from the August 31st total of 2,459 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 4,195 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On LeaderShares Dynamic Yield ETF

A hedge fund recently bought a new stake in LeaderShares Dynamic Yield ETF stock. Coppell Advisory Solutions LLC acquired a new position in shares of LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 9,620 shares of the company’s stock, valued at approximately $216,000. Coppell Advisory Solutions LLC owned approximately 0.53% of LeaderShares Dynamic Yield ETF as of its most recent SEC filing.

LeaderShares Dynamic Yield ETF Stock Performance

DYLD stock traded down $0.09 on Friday, reaching $22.04. The company’s stock had a trading volume of 3,860 shares, compared to its average volume of 4,729. LeaderShares Dynamic Yield ETF has a 52 week low of $21.99 and a 52 week high of $22.90. The firm has a fifty day moving average of $22.26 and a two-hundred day moving average of $22.38.

LeaderShares Dynamic Yield ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 25th will be paid a $0.0694 dividend. The ex-dividend date of this dividend is Friday, September 25th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 3.8%. This is a drop from LeaderShares Dynamic Yield ETF’s previous monthly dividend of $0.0765.

About LeaderShares Dynamic Yield ETF

(Get Free Report)

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.

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