Short Interest in Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Decreases By 24.6%

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 3,470 shares, a drop of 24.6% from the December 15th total of 4,605 shares. Based on an average daily volume of 28,383 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 28,383 shares, the short-interest ratio is presently 0.1 days.

Xtrackers Short Duration High Yield Bond ETF Stock Performance

Shares of NYSEARCA:SHYL traded up $0.01 during trading on Monday, reaching $45.17. The stock had a trading volume of 16,120 shares, compared to its average volume of 31,393. The business has a fifty day moving average price of $45.00 and a 200-day moving average price of $45.12. Xtrackers Short Duration High Yield Bond ETF has a fifty-two week low of $42.03 and a fifty-two week high of $45.55.

Xtrackers Short Duration High Yield Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 10th. Shareholders of record on Monday, November 3rd were issued a $0.2619 dividend. This is a boost from Xtrackers Short Duration High Yield Bond ETF’s previous monthly dividend of $0.25. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a yield of 7.0%.

Hedge Funds Weigh In On Xtrackers Short Duration High Yield Bond ETF

A hedge fund recently raised its stake in Xtrackers Short Duration High Yield Bond ETF stock. USAdvisors Wealth Management LLC increased its holdings in shares of Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) by 4.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,506 shares of the company’s stock after buying an additional 501 shares during the quarter. USAdvisors Wealth Management LLC owned about 0.31% of Xtrackers Short Duration High Yield Bond ETF worth $566,000 as of its most recent filing with the Securities and Exchange Commission.

About Xtrackers Short Duration High Yield Bond ETF

The Xtrackers Short Duration High Yield Bond ETF (SHYL) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high-yield corporate bonds with 0 to 5 years remaining to maturity. SHYL was launched on Jan 10, 2018 and is managed by Xtrackers.