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

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 3,668 shares, a decline of 71.1% from the August 15th total of 12,690 shares. Based on an average daily volume of 4,331 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On Xtrackers High Beta High Yield Bond ETF

A hedge fund recently raised its stake in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC increased its stake in shares of Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 22.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 169,166 shares of the company’s stock after purchasing an additional 31,312 shares during the quarter. Sound Income Strategies LLC owned 16.11% of Xtrackers High Beta High Yield Bond ETF worth $7,003,000 at the end of the most recent quarter.

Xtrackers High Beta High Yield Bond ETF Price Performance

HYUP stock traded down $0.01 during trading on Friday, hitting $40.78. 639 shares of the company’s stock traded hands, compared to its average volume of 9,103. Xtrackers High Beta High Yield Bond ETF has a 52 week low of $40.77 and a 52 week high of $42.91. The business has a fifty day simple moving average of $41.36 and a 200 day simple moving average of $41.60.

About Xtrackers High Beta High Yield Bond ETF

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.