Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Short Interest Update

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 9,444 shares, a decline of 24.5% from the January 29th total of 12,505 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 5,724 shares, the short-interest ratio is presently 1.6 days. Based on an average daily volume of 5,724 shares, the short-interest ratio is presently 1.6 days. Currently, 1.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC boosted its holdings in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 66.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 91,033 shares of the company’s stock after acquiring an additional 36,280 shares during the period. Sound Income Strategies LLC owned 18.21% of Xtrackers High Beta High Yield Bond ETF worth $3,840,000 as of its most recent filing with the Securities and Exchange Commission.

Xtrackers High Beta High Yield Bond ETF Trading Up 0.2%

NYSEARCA:HYUP traded up $0.09 during mid-day trading on Wednesday, hitting $42.05. The stock had a trading volume of 6,828 shares, compared to its average volume of 19,417. Xtrackers High Beta High Yield Bond ETF has a twelve month low of $39.48 and a twelve month high of $42.91. The company’s 50 day simple moving average is $42.31 and its 200 day simple moving average is $42.32.

Xtrackers High Beta High Yield Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 9th. Stockholders of record on Monday, March 2nd will be given a $0.1937 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Monday, March 2nd.

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.