Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Short Interest Update

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,795 shares, an increase of 201.7% from the August 15th total of 595 shares. Based on an average daily trading volume, of 2,549 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the company’s stock are short sold.

Xtrackers Low Beta High Yield Bond ETF Stock Performance

HYDW stock traded down $0.01 during midday trading on Monday, hitting $46.22. The company’s stock had a trading volume of 4,721 shares, compared to its average volume of 5,766. Xtrackers Low Beta High Yield Bond ETF has a 52-week low of $46.07 and a 52-week high of $47.57. The firm has a 50-day simple moving average of $46.64 and a 200-day simple moving average of $46.71.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers Low Beta High Yield Bond ETF stock. Financial Gravity Asset Management Inc. raised its stake in Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) by 6.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 387,299 shares of the company’s stock after purchasing an additional 23,873 shares during the period. Xtrackers Low Beta High Yield Bond ETF comprises 3.5% of Financial Gravity Asset Management Inc.’s investment portfolio, making the stock its 6th biggest position. Financial Gravity Asset Management Inc. owned approximately 25.82% of Xtrackers Low Beta High Yield Bond ETF worth $18,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Xtrackers Low Beta High Yield Bond ETF Company Profile

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.