Short Interest in Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Increases By 1,941.3%

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 4,593 shares, a growth of 1,941.3% from the January 15th total of 225 shares. Based on an average daily volume of 3,743 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 3,743 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers Low Beta High Yield Bond ETF stock. American Family Investments Inc. boosted its stake in Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) by 79.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 5,348,000 shares of the company’s stock after purchasing an additional 2,370,000 shares during the period. Xtrackers Low Beta High Yield Bond ETF comprises approximately 13.8% of American Family Investments Inc.’s portfolio, making the stock its 2nd largest position. American Family Investments Inc. owned 77.51% of Xtrackers Low Beta High Yield Bond ETF worth $252,878,000 at the end of the most recent reporting period.

Xtrackers Low Beta High Yield Bond ETF Stock Performance

Xtrackers Low Beta High Yield Bond ETF stock traded up $0.04 during trading on Tuesday, reaching $47.22. 15,168 shares of the company were exchanged, compared to its average volume of 12,736. Xtrackers Low Beta High Yield Bond ETF has a 52-week low of $44.79 and a 52-week high of $47.57. The stock’s 50 day simple moving average is $47.24 and its two-hundred day simple moving average is $47.22.

Xtrackers Low Beta High Yield Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Investors of record on Monday, February 2nd were issued a $0.2093 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 5.3%.

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.