Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW – Get Free Report) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,957 shares, an increase of 142.5% from the June 15th total of 807 shares. Based on an average daily volume of 2,575 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the shares of the stock are sold short.
Institutional Investors Weigh In On Xtrackers Low Beta High Yield Bond ETF
Several institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of Xtrackers Low Beta High Yield Bond ETF by 28.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock worth $574,000 after purchasing an additional 2,688 shares during the last quarter. Financial Gravity Asset Management Inc. grew its stake in Xtrackers Low Beta High Yield Bond ETF by 6.6% during the fourth quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock worth $18,274,000 after buying an additional 23,873 shares during the last quarter. Finally, American Family Investments Inc. increased its holdings in shares of Xtrackers Low Beta High Yield Bond ETF by 79.6% during the second quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock worth $252,878,000 after buying an additional 2,370,000 shares in the last quarter.
Xtrackers Low Beta High Yield Bond ETF Price Performance
HYDW stock traded down $0.01 during trading on Thursday, hitting $46.70. The company had a trading volume of 820 shares, compared to its average volume of 6,037. The company has a fifty day moving average price of $46.70 and a two-hundred day moving average price of $46.89. Xtrackers Low Beta High Yield Bond ETF has a fifty-two week low of $46.07 and a fifty-two week high of $47.57.
Xtrackers Low Beta High Yield Bond ETF Company Profile
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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