Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Sees Significant Increase in Short Interest

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 7,995 shares, a growth of 328.9% from the November 30th total of 1,864 shares. Based on an average trading volume of 5,795 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.2% of the shares of the stock are short sold. Approximately 1.2% of the shares of the stock are short sold. Based on an average trading volume of 5,795 shares, the days-to-cover ratio is presently 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 lifted its holdings in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 66.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,033 shares of the company’s stock after acquiring an additional 36,280 shares during the quarter. Sound Income Strategies LLC owned approximately 18.21% of Xtrackers High Beta High Yield Bond ETF worth $3,840,000 at the end of the most recent reporting period.

Xtrackers High Beta High Yield Bond ETF Stock Up 0.0%

Shares of NYSEARCA:HYUP traded up $0.01 on Friday, hitting $42.15. The stock had a trading volume of 4,443 shares, compared to its average volume of 4,838. The firm’s 50 day moving average price is $42.16 and its 200-day moving average price is $42.26. Xtrackers High Beta High Yield Bond ETF has a twelve month low of $39.48 and a twelve month high of $42.91.

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.