Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Short Interest Update

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 15,978 shares, a growth of 102.6% from the May 31st total of 7,888 shares. Based on an average trading volume of 4,986 shares, the days-to-cover ratio is presently 3.2 days. Currently, 1.5% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC grew its holdings in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 51.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 137,854 shares of the company’s stock after buying an additional 46,821 shares during the quarter. Sound Income Strategies LLC owned approximately 19.69% of Xtrackers High Beta High Yield Bond ETF worth $5,858,000 at the end of the most recent quarter.

Xtrackers High Beta High Yield Bond ETF Stock Performance

Shares of NYSEARCA:HYUP traded up $0.04 during midday trading on Thursday, hitting $41.51. 872 shares of the stock traded hands, compared to its average volume of 10,810. The business’s 50 day moving average is $41.73 and its two-hundred day moving average is $41.94. Xtrackers High Beta High Yield Bond ETF has a one year low of $40.99 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.