LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Short Interest Update

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,856 shares, an increase of 13,157.1% from the May 14th total of 14 shares. Based on an average daily volume of 2,405 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the company’s stock are short sold.

LeaderShares Dynamic Yield ETF Stock Performance

Shares of LeaderShares Dynamic Yield ETF stock remained flat at $22.42 during trading on Tuesday. 6,770 shares of the stock traded hands, compared to its average volume of 3,950. The business’s 50-day simple moving average is $22.45 and its 200-day simple moving average is $22.55. LeaderShares Dynamic Yield ETF has a 1-year low of $22.27 and a 1-year high of $22.92.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. purchased a new stake in LeaderShares Dynamic Yield ETF during the second quarter worth approximately $231,000. Goldman Sachs Group Inc. increased its stake in LeaderShares Dynamic Yield ETF by 29.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 12,122 shares of the company’s stock valued at $274,000 after purchasing an additional 2,761 shares during the last quarter. Jane Street Group LLC raised its holdings in LeaderShares Dynamic Yield ETF by 97.1% during the fourth quarter. Jane Street Group LLC now owns 26,690 shares of the company’s stock worth $604,000 after purchasing an additional 13,151 shares in the last quarter. UBS Group AG lifted its position in shares of LeaderShares Dynamic Yield ETF by 18.5% during the 3rd quarter. UBS Group AG now owns 47,052 shares of the company’s stock worth $1,069,000 after buying an additional 7,355 shares during the last quarter. Finally, Citadel Advisors LLC boosted its holdings in shares of LeaderShares Dynamic Yield ETF by 657.0% in the 3rd quarter. Citadel Advisors LLC now owns 126,595 shares of the company’s stock valued at $2,876,000 after buying an additional 109,872 shares in the last quarter.

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.