Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Sees Significant Increase in Short Interest

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 12,234 shares, an increase of 53.0% from the December 15th total of 7,995 shares. Based on an average trading volume of 5,091 shares, the short-interest ratio is currently 2.4 days. Currently, 1.7% of the shares of the company are short sold. Currently, 1.7% of the shares of the company are short sold. Based on an average trading volume of 5,091 shares, the short-interest ratio is currently 2.4 days.

Xtrackers High Beta High Yield Bond ETF Stock Up 0.0%

Shares of HYUP stock traded up $0.02 on Friday, reaching $42.49. The stock had a trading volume of 7,261 shares, compared to its average volume of 12,478. Xtrackers High Beta High Yield Bond ETF has a 12 month low of $39.48 and a 12 month high of $42.91. The firm’s 50-day moving average is $42.18 and its two-hundred day moving average is $42.30.

Institutional Trading of Xtrackers High Beta High Yield Bond ETF

An institutional investor recently raised its position in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC lifted its stake in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 66.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 91,033 shares of the company’s stock after buying an additional 36,280 shares during the period. Sound Income Strategies LLC owned approximately 18.21% of Xtrackers High Beta High Yield Bond ETF worth $3,840,000 as of its most recent filing with the Securities and Exchange Commission.

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.