Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Short Interest Down 49.6% in July

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,614,368 shares, a drop of 49.6% from the June 30th total of 3,205,538 shares. Based on an average trading volume of 1,041,035 shares, the short-interest ratio is currently 1.6 days. Approximately 1.7% of the company’s shares are short sold.

Xtrackers USD High Yield Corporate Bond ETF Price Performance

Shares of Xtrackers USD High Yield Corporate Bond ETF stock traded down $0.07 on Wednesday, reaching $36.18. The company had a trading volume of 1,083,896 shares, compared to its average volume of 1,636,315. The firm’s 50 day moving average price is $36.41 and its two-hundred day moving average price is $36.58. Xtrackers USD High Yield Corporate Bond ETF has a 52-week low of $35.92 and a 52-week high of $37.19.

Institutional Trading of Xtrackers USD High Yield Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Performa Ltd US LLC lifted its stake in Xtrackers USD High Yield Corporate Bond ETF by 8.5% during the first quarter. Performa Ltd US LLC now owns 1,640,528 shares of the company’s stock worth $59,321,000 after purchasing an additional 128,778 shares in the last quarter. Financial Gravity Asset Management Inc. grew its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 7.9% in the fourth quarter. Financial Gravity Asset Management Inc. now owns 745,317 shares of the company’s stock valued at $27,450,000 after buying an additional 54,755 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 0.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 679,733 shares of the company’s stock valued at $25,005,000 after buying an additional 5,000 shares during the period. TD Private Client Wealth LLC raised its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 21.6% in the 4th quarter. TD Private Client Wealth LLC now owns 376,965 shares of the company’s stock valued at $13,884,000 after buying an additional 66,936 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in Xtrackers USD High Yield Corporate Bond ETF by 1,103.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 223,441 shares of the company’s stock worth $8,249,000 after acquiring an additional 204,868 shares in the last quarter.

Xtrackers USD High Yield Corporate Bond ETF Company Profile

The Xtrackers USD High Yield Corporate Bond ETF (HYLB) 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 1 to 15 years remaining to maturity. HYLB was launched on Dec 7, 2016 and is managed by Xtrackers.