Short Interest in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Expands By 102.6%

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 15,978 shares, an increase of 102.6% from the May 31st total of 7,888 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average trading volume of 4,986 shares, the short-interest ratio is currently 3.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC raised its stake in shares of Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 51.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 137,854 shares of the company’s stock after buying an additional 46,821 shares during the quarter. Sound Income Strategies LLC owned about 19.69% of Xtrackers High Beta High Yield Bond ETF worth $5,858,000 at the end of the most recent reporting period.

Xtrackers High Beta High Yield Bond ETF Stock Performance

HYUP remained flat at $41.64 during midday trading on Tuesday. 10,307 shares of the company’s stock were exchanged, compared to its average volume of 10,901. Xtrackers High Beta High Yield Bond ETF has a one year low of $40.99 and a one year high of $42.91. The company’s fifty day moving average price is $41.76 and its 200-day moving average price is $41.95.

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.