Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Short Interest Down 22.9% in March

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUPGet Free Report) was the target of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 19,525 shares, a decrease of 22.9% from the February 26th total of 25,324 shares. Currently, 2.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,899 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Trading of Xtrackers High Beta High Yield Bond ETF

An institutional investor recently raised its position in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC raised its stake in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUPFree Report) by 66.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 91,033 shares of the company’s stock after purchasing an additional 36,280 shares during the quarter. Sound Income Strategies LLC owned 18.21% of Xtrackers High Beta High Yield Bond ETF worth $3,840,000 at the end of the most recent quarter.

Xtrackers High Beta High Yield Bond ETF Trading Down 0.4%

Shares of NYSEARCA HYUP opened at $40.99 on Friday. Xtrackers High Beta High Yield Bond ETF has a one year low of $39.48 and a one year high of $42.91. The firm’s 50 day simple moving average is $42.04 and its two-hundred day simple moving average is $42.20.

Xtrackers High Beta High Yield Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were issued a dividend of $0.1937 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 5.7%.

About Xtrackers High Beta High Yield Bond ETF

(Get Free Report)

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.

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