LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Short Interest Up 83.8% in September

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 6,800 shares, a growth of 83.8% from the August 31st total of 3,700 shares. Based on an average daily volume of 8,400 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 8,400 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On LeaderShares Dynamic Yield ETF

An institutional investor recently bought a new position in LeaderShares Dynamic Yield ETF stock. JPMorgan Chase & Co. bought a new position in LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 10,204 shares of the company’s stock, valued at approximately $231,000. JPMorgan Chase & Co. owned about 0.45% of LeaderShares Dynamic Yield ETF as of its most recent SEC filing.

LeaderShares Dynamic Yield ETF Price Performance

DYLD stock opened at $22.76 on Friday. LeaderShares Dynamic Yield ETF has a 12 month low of $21.86 and a 12 month high of $22.93. The firm has a 50 day simple moving average of $22.70 and a 200 day simple moving average of $22.57.

LeaderShares Dynamic Yield ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $0.0821 per share. This is a boost from LeaderShares Dynamic Yield ETF’s previous monthly dividend of $0.08. The ex-dividend date was Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

LeaderShares Dynamic Yield ETF Company Profile

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.