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

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 4,656 shares, a decline of 53.2% from the July 30th total of 9,957 shares. Based on an average trading volume of 23,220 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in SHYL. USAdvisors Wealth Management LLC lifted its holdings in shares of Xtrackers Short Duration High Yield Bond ETF by 7.3% during the 1st quarter. USAdvisors Wealth Management LLC now owns 10,528 shares of the company’s stock valued at $463,000 after purchasing an additional 720 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in Xtrackers Short Duration High Yield Bond ETF during the 4th quarter worth $814,000. Finally, Ameriprise Financial Inc. grew its stake in Xtrackers Short Duration High Yield Bond ETF by 3.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 87,302 shares of the company’s stock worth $3,957,000 after buying an additional 3,006 shares during the last quarter.

Xtrackers Short Duration High Yield Bond ETF Price Performance

Shares of Xtrackers Short Duration High Yield Bond ETF stock traded up $0.05 during trading on Friday, hitting $44.26. The stock had a trading volume of 52,856 shares, compared to its average volume of 37,638. Xtrackers Short Duration High Yield Bond ETF has a 12 month low of $43.88 and a 12 month high of $45.55. The firm’s fifty day simple moving average is $44.14 and its 200-day simple moving average is $44.36.

About Xtrackers Short Duration High Yield Bond ETF

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.