Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Stock Short Interest Rises 1,407.0%

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,818 shares, an increase of 1,407.0% from the September 30th total of 187 shares. Based on an average daily volume of 8,436 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

Xtrackers Low Beta High Yield Bond ETF Price Performance

HYDW stock traded down $0.01 during mid-day trading on Wednesday, reaching $46.21. The company had a trading volume of 1,123 shares, compared to its average volume of 5,782. The firm has a 50 day moving average of $46.17 and a 200 day moving average of $46.66. Xtrackers Low Beta High Yield Bond ETF has a 12 month low of $45.21 and a 12 month high of $47.56.

About Xtrackers Low Beta High Yield Bond ETF

The Xtrackers Low Beta High Yield Bond ETF (HYDW) 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 low yield to worst. HYDW was launched on Jan 11, 2018 and is managed by Xtrackers.