Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Shares Shorted: Short Interest Down 60.5% in October

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 654 shares, a decrease of 60.5% from the September 30th total of 1,656 shares. Based on an average daily volume of 3,135 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Xtrackers High Beta High Yield Bond ETF Stock Down 0.3%

NYSEARCA HYUP traded down $0.12 on Friday, hitting $39.42. 5,778 shares of the company’s stock were exchanged, compared to its average volume of 8,851. The stock has a 50-day moving average of $40.25 and a 200-day moving average of $41.40. Xtrackers High Beta High Yield Bond ETF has a 52 week low of $39.01 and a 52 week high of $42.57.

Institutional Trading of Xtrackers High Beta High Yield Bond ETF

A hedge fund recently raised its position in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC lifted its position in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 22.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 169,166 shares of the company’s stock after buying an additional 31,312 shares during the quarter. Sound Income Strategies LLC owned approximately 16.11% of Xtrackers High Beta High Yield Bond ETF worth $7,003,000 at the end of the most recent reporting period.

Xtrackers High Beta High Yield Bond ETF Company Profile

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.