Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Short Interest Update

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 3,470 shares, a decrease of 24.6% from the December 15th total of 4,605 shares. Based on an average daily volume of 28,383 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 28,383 shares, the short-interest ratio is currently 0.1 days.

Xtrackers Short Duration High Yield Bond ETF Stock Performance

SHYL stock traded up $0.01 during trading on Friday, hitting $45.17. The company had a trading volume of 16,120 shares, compared to its average volume of 31,393. The firm has a 50-day moving average price of $45.00 and a 200-day moving average price of $45.12. Xtrackers Short Duration High Yield Bond ETF has a 12 month low of $42.03 and a 12 month high of $45.55.

Xtrackers Short Duration High Yield Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 10th. Stockholders of record on Monday, November 3rd were paid a dividend of $0.2619 per share. This represents a c) annualized dividend and a dividend yield of 7.0%. This is a boost from Xtrackers Short Duration High Yield Bond ETF’s previous monthly dividend of $0.25. The ex-dividend date of this dividend was Monday, November 3rd.

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

An institutional investor recently raised its position in Xtrackers Short Duration High Yield Bond ETF stock. Ameriprise Financial Inc. increased its holdings in shares of Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) by 146.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 215,032 shares of the company’s stock after buying an additional 127,730 shares during the period. Ameriprise Financial Inc. owned 3.98% of Xtrackers Short Duration High Yield Bond ETF worth $9,768,000 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.