Short Interest in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Expands By 328.9%

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 7,995 shares, an increase of 328.9% from the November 30th total of 1,864 shares. Based on an average daily volume of 5,795 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.2% of the shares of the company are short sold. Currently, 1.2% of the shares of the company are short sold. Based on an average daily volume of 5,795 shares, the days-to-cover ratio is currently 1.4 days.

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

A hedge fund recently raised its stake in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC lifted its position in shares of Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 66.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 91,033 shares of the company’s stock after acquiring an additional 36,280 shares during the quarter. Sound Income Strategies LLC owned 18.21% of Xtrackers High Beta High Yield Bond ETF worth $3,840,000 at the end of the most recent quarter.

Xtrackers High Beta High Yield Bond ETF Stock Performance

NYSEARCA HYUP opened at $42.14 on Thursday. The firm’s fifty day moving average is $42.17 and its two-hundred day moving average is $42.26. Xtrackers High Beta High Yield Bond ETF has a one year low of $39.48 and a one year high of $42.91.

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.