Short Interest in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Expands By 168.1%

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUPGet Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 25,324 shares, a growth of 168.1% from the February 12th total of 9,444 shares. Based on an average trading volume of 56,535 shares, the short-interest ratio is currently 0.4 days. Currently, 3.4% of the shares of the company are sold short. Currently, 3.4% of the shares of the company are sold short. Based on an average trading volume of 56,535 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On 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% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 91,033 shares of the company’s stock after buying 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 as of its most recent SEC filing.

Xtrackers High Beta High Yield Bond ETF Stock Down 0.2%

Shares of NYSEARCA:HYUP traded down $0.10 during trading on Friday, hitting $41.32. 11,901 shares of the company traded hands, compared to its average volume of 18,455. The business’s fifty day moving average is $42.24 and its 200-day moving average is $42.29. Xtrackers High Beta High Yield Bond ETF has a one year low of $39.48 and a one year high of $42.91.

Xtrackers High Beta High Yield Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were given a dividend of $0.1937 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.6%.

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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