Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Shares Shorted: Short Interest Down 82.1% in September

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 2,183 shares, a decline of 82.1% from the August 31st total of 12,206 shares. Based on an average daily trading volume, of 24,110 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Xtrackers Short Duration High Yield Bond ETF Trading Down 0.3%

NYSEARCA:SHYL opened at $43.34 on Friday. The company has a fifty day moving average of $43.95 and a 200 day moving average of $44.22. Xtrackers Short Duration High Yield Bond ETF has a 52 week low of $43.34 and a 52 week high of $45.46.

Hedge Funds Weigh In On Xtrackers Short Duration High Yield Bond ETF

A hedge fund recently raised its stake in Xtrackers Short Duration High Yield Bond ETF stock. Janney Montgomery Scott LLC lifted its position in shares of Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) by 9.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,774 shares of the company’s stock after purchasing an additional 1,677 shares during the period. Janney Montgomery Scott LLC owned 0.35% of Xtrackers Short Duration High Yield Bond ETF worth $878,000 as of its most recent SEC filing.

Xtrackers Short Duration High Yield Bond ETF Company Profile

The Xtrackers Short Duration High Yield Bond ETF (SHYL) 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 0 to 5 years remaining to maturity. SHYL was launched on Jan 10, 2018 and is managed by Xtrackers.