LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Sees Significant Decline in Short Interest

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLDGet Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 491 shares, a drop of 66.1% from the June 15th total of 1,448 shares. Based on an average trading volume of 2,489 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

LeaderShares Dynamic Yield ETF Stock Performance

Shares of DYLD stock remained flat at $22.35 during midday trading on Wednesday. The company’s stock had a trading volume of 3,585 shares, compared to its average volume of 3,643. The stock has a 50-day simple moving average of $22.44 and a 200 day simple moving average of $22.51. LeaderShares Dynamic Yield ETF has a one year low of $22.27 and a one year high of $22.92.

Hedge Funds Weigh In On LeaderShares Dynamic Yield ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in LeaderShares Dynamic Yield ETF during the 1st quarter worth $2,468,000. JPMorgan Chase & Co. purchased a new stake in shares of LeaderShares Dynamic Yield ETF in the second quarter valued at about $231,000. UBS Group AG increased its stake in shares of LeaderShares Dynamic Yield ETF by 18.5% during the third quarter. UBS Group AG now owns 47,052 shares of the company’s stock worth $1,069,000 after acquiring an additional 7,355 shares during the period. Citadel Advisors LLC raised its holdings in LeaderShares Dynamic Yield ETF by 657.0% during the third quarter. Citadel Advisors LLC now owns 126,595 shares of the company’s stock worth $2,876,000 after purchasing an additional 109,872 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in LeaderShares Dynamic Yield ETF by 29.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 12,122 shares of the company’s stock worth $274,000 after purchasing an additional 2,761 shares in the last quarter.

LeaderShares Dynamic Yield ETF Company Profile

(Get Free Report)

The LeaderShares Dynamic Yield ETF (DYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified, global fixed income securities that seeks to capture higher yields through a proprietary risk-reward scheme. DYLD was launched on Jun 28, 2021 and is managed by LeaderShares.

See Also

Receive News & Ratings for LeaderShares Dynamic Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LeaderShares Dynamic Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.