Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW – Get Free Report) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totaling 895 shares, a growth of 168.8% from the March 31st total of 333 shares. Based on an average daily trading volume, of 7,358 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in HYDW. JPMorgan Chase & Co. lifted its position in shares of Xtrackers Low Beta High Yield Bond ETF by 28.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock valued at $574,000 after buying an additional 2,688 shares in the last quarter. Financial Gravity Asset Management Inc. lifted its position in shares of Xtrackers Low Beta High Yield Bond ETF by 6.6% during the 4th quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock valued at $18,274,000 after buying an additional 23,873 shares in the last quarter. Finally, American Family Investments Inc. lifted its position in shares of Xtrackers Low Beta High Yield Bond ETF by 79.6% during the 2nd quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock valued at $252,878,000 after buying an additional 2,370,000 shares in the last quarter.
Xtrackers Low Beta High Yield Bond ETF Trading Up 0.1%
Shares of NYSEARCA:HYDW opened at $46.98 on Friday. Xtrackers Low Beta High Yield Bond ETF has a 1 year low of $46.07 and a 1 year high of $47.57. The business’s 50 day moving average price is $46.82 and its 200-day moving average price is $47.09.
About Xtrackers Low Beta High Yield Bond ETF
The Xtrackers Low Beta High Yield Bond ETF (HYDW) 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 low yield to worst. HYDW was launched on Jan 11, 2018 and is managed by Xtrackers.
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