Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Shares Shorted: Short Interest Down 90.9% in September

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 334 shares, a decrease of 90.9% from the August 31st total of 3,668 shares. Based on an average daily trading volume, of 7,872 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Xtrackers High Beta High Yield Bond ETF Stock Down 0.1%

Shares of NYSEARCA HYUP traded down $0.04 during midday trading on Friday, reaching $40.25. 3,582 shares of the stock were exchanged, compared to its average volume of 9,285. The company has a 50 day simple moving average of $41.17 and a 200 day simple moving average of $41.49. Xtrackers High Beta High Yield Bond ETF has a twelve month low of $40.14 and a twelve month high of $42.84.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC boosted its holdings in shares of Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 22.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 169,166 shares of the company’s stock after acquiring an additional 31,312 shares during the quarter. Sound Income Strategies LLC owned about 16.11% of Xtrackers High Beta High Yield Bond ETF worth $7,003,000 at the end of the most recent quarter.

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.