Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Short Interest Update

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 3,470 shares, a drop of 24.6% from the December 15th total of 4,605 shares. Based on an average daily volume of 28,383 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 28,383 shares, the days-to-cover ratio is currently 0.1 days.

Xtrackers Short Duration High Yield Bond ETF Stock Performance

Xtrackers Short Duration High Yield Bond ETF stock opened at $45.17 on Tuesday. The business has a 50 day simple moving average of $45.00 and a 200-day simple moving average of $45.12. Xtrackers Short Duration High Yield Bond ETF has a 12 month low of $42.03 and a 12 month high of $45.55.

Xtrackers Short Duration High Yield Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 10th. Investors of record on Monday, November 3rd were given a $0.2619 dividend. The ex-dividend date was Monday, November 3rd. This is an increase from Xtrackers Short Duration High Yield Bond ETF’s previous monthly dividend of $0.25. This represents a c) dividend on an annualized basis and a yield of 7.0%.

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

An institutional investor recently raised its position in Xtrackers Short Duration High Yield Bond ETF stock. Ameriprise Financial Inc. grew its holdings in Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) by 146.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 215,032 shares of the company’s stock after buying an additional 127,730 shares during the quarter. Ameriprise Financial Inc. owned about 3.98% of Xtrackers Short Duration High Yield Bond ETF worth $9,768,000 at the end of the most recent quarter.

About Xtrackers Short Duration High Yield Bond ETF

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.