Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Sees Significant Decrease in Short Interest

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 334 shares, a decline of 90.9% from the August 31st total of 3,668 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,872 shares, the days-to-cover ratio is presently 0.0 days.

Xtrackers High Beta High Yield Bond ETF Stock Down 0.2%

HYUP traded down $0.07 during midday trading on Thursday, hitting $40.29. The stock had a trading volume of 12,809 shares, compared to its average volume of 9,316. Xtrackers High Beta High Yield Bond ETF has a 1 year low of $40.23 and a 1 year high of $42.84. The business has a fifty day moving average of $41.20 and a 200 day moving average of $41.50.

Institutional Investors Weigh In On Xtrackers High Beta High Yield Bond ETF

A hedge fund recently raised its stake in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC increased its holdings in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 22.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 169,166 shares of the company’s stock after purchasing an additional 31,312 shares during the period. Sound Income Strategies LLC owned approximately 16.11% of Xtrackers High Beta High Yield Bond ETF worth $7,003,000 as of its most recent SEC filing.

Xtrackers High Beta High Yield Bond ETF Company Profile

The Xtrackers High Beta High Yield Bond ETF (HYUP) 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 high yield to worst. HYUP was launched on Jan 11, 2018 and is managed by Xtrackers.