Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Sees Significant Increase in Short Interest

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 3,536 shares, an increase of 121.3% from the July 15th total of 1,598 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 2,942 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Financial Gravity Asset Management Inc. grew its holdings in shares of Xtrackers Low Beta High Yield Bond ETF by 6.6% during the fourth quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock worth $18,274,000 after buying an additional 23,873 shares in the last quarter. American Family Investments Inc. raised its position in Xtrackers Low Beta High Yield Bond ETF by 79.6% in the 2nd quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock valued at $252,878,000 after buying an additional 2,370,000 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Xtrackers Low Beta High Yield Bond ETF by 28.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock valued at $574,000 after acquiring an additional 2,688 shares in the last quarter.

Xtrackers Low Beta High Yield Bond ETF Price Performance

HYDW stock traded down $0.03 during trading hours on Friday, reaching $46.79. 1,173 shares of the stock were exchanged, compared to its average volume of 6,145. The firm’s 50-day moving average is $46.66 and its 200-day moving average is $46.79. Xtrackers Low Beta High Yield Bond ETF has a 12 month low of $46.07 and a 12 month high of $47.57.

Xtrackers Low Beta High Yield Bond ETF Company Profile

The Xtrackers Low Beta High Yield Bond ETF (HYDW) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high yield bonds with a low yield to worst. HYDW was launched on Jan 11, 2018 and is managed by Xtrackers.