LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Stock Short Interest Drops 94.6%

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 133 shares, a decline of 94.6% from the August 31st total of 2,459 shares. Based on an average daily trading volume, of 4,195 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

LeaderShares Dynamic Yield ETF Price Performance

Shares of NYSEARCA:DYLD traded down $0.03 during midday trading on Thursday, reaching $22.12. 36,543 shares of the company were exchanged, compared to its average volume of 4,734. The business’s fifty day moving average is $22.26 and its two-hundred day moving average is $22.38. LeaderShares Dynamic Yield ETF has a one year low of $22.07 and a one year high of $22.90.

LeaderShares Dynamic Yield ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Friday, July 24th were paid a $0.0620 dividend. This represents a $0.74 annualized dividend and a yield of 3.4%. The ex-dividend date was Friday, July 24th. This is a decrease from LeaderShares Dynamic Yield ETF’s previous monthly dividend of $0.0785.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in LeaderShares Dynamic Yield ETF stock. Coppell Advisory Solutions LLC acquired a new stake in shares of LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,620 shares of the company’s stock, valued at approximately $216,000. Coppell Advisory Solutions LLC owned approximately 0.53% of LeaderShares Dynamic Yield ETF as of its most recent SEC filing.

About LeaderShares Dynamic Yield ETF

(Get Free Report)

The LeaderShares Dynamic Yield ETF (DYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified, global fixed income securities that seeks to capture higher yields through a proprietary risk-reward scheme. DYLD was launched on Jun 28, 2021 and is managed by LeaderShares.

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