Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Short Interest Update

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 4,714,302 shares, a growth of 89.6% from the April 15th total of 2,487,035 shares. Based on an average trading volume of 1,671,929 shares, the days-to-cover ratio is currently 2.8 days. Currently, 5.1% of the shares of the company are short sold.

Xtrackers USD High Yield Corporate Bond ETF Stock Down 0.4%

Xtrackers USD High Yield Corporate Bond ETF stock traded down $0.16 during mid-day trading on Friday, reaching $36.30. 569,276 shares of the company were exchanged, compared to its average volume of 1,855,533. Xtrackers USD High Yield Corporate Bond ETF has a twelve month low of $35.92 and a twelve month high of $37.19. The firm’s 50-day simple moving average is $36.48 and its two-hundred day simple moving average is $36.74.

Institutional Trading of Xtrackers USD High Yield Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in HYLB. EverSource Wealth Advisors LLC lifted its position in Xtrackers USD High Yield Corporate Bond ETF by 303.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,047 shares of the company’s stock worth $75,000 after acquiring an additional 1,539 shares during the period. IFC & Insurance Marketing Inc. acquired a new stake in shares of Xtrackers USD High Yield Corporate Bond ETF in the 4th quarter valued at approximately $93,000. Jones Financial Companies Lllp lifted its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 26.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,571 shares of the company’s stock valued at $132,000 after buying an additional 736 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 154.6% in the 4th quarter. Farther Finance Advisors LLC now owns 8,567 shares of the company’s stock valued at $316,000 after buying an additional 5,202 shares during the period. Finally, Koss Olinger Consulting LLC acquired a new stake in shares of Xtrackers USD High Yield Corporate Bond ETF in the 1st quarter valued at approximately $613,000.

Xtrackers USD High Yield Corporate Bond ETF Company Profile

The Xtrackers USD High Yield Corporate Bond ETF (HYLB) 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 1 to 15 years remaining to maturity. HYLB was launched on Dec 7, 2016 and is managed by Xtrackers.