Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Short Interest Down 90.2% in May

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 153 shares, a decline of 90.2% from the May 14th total of 1,566 shares. Based on an average daily volume of 6,110 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Xtrackers Low Beta High Yield Bond ETF Trading Up 0.4%

HYDW stock traded up $0.17 during midday trading on Thursday, reaching $46.70. 889 shares of the company were exchanged, compared to its average volume of 6,766. The business has a 50-day moving average price of $46.75 and a two-hundred day moving average price of $46.98. Xtrackers Low Beta High Yield Bond ETF has a one year low of $46.07 and a one year high of $47.57.

Institutional Investors Weigh In On Xtrackers Low Beta High Yield Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in shares of Xtrackers Low Beta High Yield Bond ETF by 28.5% during the second quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock worth $574,000 after buying an additional 2,688 shares in the last quarter. Financial Gravity Asset Management Inc. lifted its holdings in shares of Xtrackers Low Beta High Yield Bond ETF by 6.6% during the fourth quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock worth $18,274,000 after buying an additional 23,873 shares in the last quarter. Finally, American Family Investments Inc. lifted its holdings in shares of Xtrackers Low Beta High Yield Bond ETF by 79.6% during the second quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock worth $252,878,000 after buying an additional 2,370,000 shares in 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.