Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Stock Short Interest Declines 89.9%

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 187 shares, a drop of 89.9% from the September 15th total of 1,852 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 5,736 shares, the days-to-cover ratio is currently 0.0 days.

Xtrackers Low Beta High Yield Bond ETF Trading Up 0.4%

Shares of NYSEARCA:HYDW traded up $0.18 during midday trading on Friday, hitting $45.78. 3,778 shares of the company’s stock were exchanged, compared to its average volume of 5,989. The stock has a 50 day moving average price of $46.34 and a 200-day moving average price of $46.57. Xtrackers Low Beta High Yield Bond ETF has a 12 month low of $45.21 and a 12 month high of $47.56.

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

A hedge fund recently raised its stake in Xtrackers Low Beta High Yield Bond ETF stock. Financial Gravity Asset Management Inc. grew its stake in shares of Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW – Free Report) by 6.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 387,299 shares of the company’s stock after purchasing an additional 23,873 shares during the period. Xtrackers Low Beta High Yield Bond ETF comprises approximately 3.5% of Financial Gravity Asset Management Inc.’s portfolio, making the stock its 6th biggest position. Financial Gravity Asset Management Inc. owned about 25.82% of Xtrackers Low Beta High Yield Bond ETF worth $18,274,000 as of its most recent SEC filing.

Xtrackers Low Beta High Yield Bond ETF Company Profile

(Get Free Report)

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.

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