Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Sees Large Increase in Short Interest

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,656 shares, an increase of 395.8% from the September 15th total of 334 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 9,919 shares, the short-interest ratio is presently 0.2 days.

Xtrackers High Beta High Yield Bond ETF Stock Performance

Shares of Xtrackers High Beta High Yield Bond ETF stock traded up $0.03 during trading on Friday, reaching $39.59. The company’s stock had a trading volume of 3,227 shares, compared to its average volume of 8,994. The company has a 50-day moving average price of $40.83 and a two-hundred day moving average price of $41.36. Xtrackers High Beta High Yield Bond ETF has a fifty-two week low of $39.21 and a fifty-two week high of $42.62.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC grew its holdings in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP – Free Report) by 22.7% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 169,166 shares of the company’s stock after buying an additional 31,312 shares during the period. Sound Income Strategies LLC owned 16.11% of Xtrackers High Beta High Yield Bond ETF worth $7,003,000 at the end of the most recent reporting period.

Xtrackers High Beta High Yield Bond ETF Company Profile

(Get Free Report)

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.

Recommended Stories

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