Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Short Interest Update

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 1,169,182 shares, an increase of 181.6% from the December 31st total of 415,258 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 2,505,506 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 2,505,506 shares, the short-interest ratio is presently 0.5 days. Currently, 1.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Xtrackers USD High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Performa Ltd US LLC increased its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 11.7% during the third quarter. Performa Ltd US LLC now owns 1,450,899 shares of the company’s stock worth $53,843,000 after purchasing an additional 151,943 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Xtrackers USD High Yield Corporate Bond ETF by 0.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 679,733 shares of the company’s stock valued at $25,005,000 after purchasing an additional 5,000 shares in the last quarter. Retirement Investment Advisors Inc. raised its position in Xtrackers USD High Yield Corporate Bond ETF by 2.0% in the third quarter. Retirement Investment Advisors Inc. now owns 518,245 shares of the company’s stock worth $19,232,000 after acquiring an additional 10,242 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in Xtrackers USD High Yield Corporate Bond ETF by 22.4% during the third quarter. TD Private Client Wealth LLC now owns 310,029 shares of the company’s stock worth $11,505,000 after buying an additional 56,730 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 1,103.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 223,441 shares of the company’s stock worth $8,249,000 after acquiring an additional 204,868 shares during the period.

Xtrackers USD High Yield Corporate Bond ETF Price Performance

NYSEARCA HYLB opened at $37.05 on Friday. The stock’s fifty day moving average is $36.93 and its two-hundred day moving average is $36.88. Xtrackers USD High Yield Corporate Bond ETF has a fifty-two week low of $34.40 and a fifty-two week high of $37.19.

About Xtrackers USD High Yield Corporate Bond ETF

The Xtrackers USD High Yield Corporate Bond ETF (HYLB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high-yield corporate bonds with 1 to 15 years remaining to maturity. HYLB was launched on Dec 7, 2016 and is managed by Xtrackers.