Short Interest in Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Rises By 168.8%

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 895 shares, a growth of 168.8% from the March 31st total of 333 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 7,358 shares, the days-to-cover ratio is currently 0.1 days.

Xtrackers Low Beta High Yield Bond ETF Stock Performance

NYSEARCA:HYDW traded down $0.03 on Monday, hitting $46.95. The stock had a trading volume of 2,436 shares, compared to its average volume of 8,113. The company has a fifty day moving average price of $46.82 and a two-hundred day moving average price of $47.09. Xtrackers Low Beta High Yield Bond ETF has a 1-year low of $46.07 and a 1-year high of $47.57.

Hedge Funds Weigh In On Xtrackers Low Beta High Yield Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of HYDW. JPMorgan Chase & Co. boosted its holdings in Xtrackers Low Beta High Yield Bond ETF by 28.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock valued at $574,000 after purchasing an additional 2,688 shares during the last quarter. Financial Gravity Asset Management Inc. lifted its holdings in shares of Xtrackers Low Beta High Yield Bond ETF by 6.6% in the 4th quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock worth $18,274,000 after acquiring an additional 23,873 shares during the last quarter. Finally, American Family Investments Inc. lifted its holdings in shares of Xtrackers Low Beta High Yield Bond ETF by 79.6% in the 2nd quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock worth $252,878,000 after acquiring an additional 2,370,000 shares during the last quarter.

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.