Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Shares Shorted: Short Interest Up 395.8% in September

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 1,656 shares, a growth of 395.8% from the September 15th total of 334 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 9,919 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds 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 position in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 22.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 169,166 shares of the company’s stock after buying an additional 31,312 shares during the quarter. Sound Income Strategies LLC owned about 16.11% of Xtrackers High Beta High Yield Bond ETF worth $7,003,000 at the end of the most recent reporting period.

Xtrackers High Beta High Yield Bond ETF Price Performance

Shares of NYSEARCA HYUP traded up $0.03 during mid-day trading on Friday, reaching $39.59. 3,227 shares of the company traded hands, compared to its average volume of 8,994. Xtrackers High Beta High Yield Bond ETF has a fifty-two week low of $39.21 and a fifty-two week high of $42.62. The stock has a fifty day simple moving average of $40.83 and a 200-day simple moving average of $41.36.

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.