Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Short Interest Up 53.0% in December

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 12,234 shares, an increase of 53.0% from the December 15th total of 7,995 shares. Based on an average trading volume of 5,091 shares, the short-interest ratio is currently 2.4 days. Approximately 1.7% of the company’s stock are sold short. Approximately 1.7% of the company’s stock are sold short. Based on an average trading volume of 5,091 shares, the short-interest ratio is currently 2.4 days.

Xtrackers High Beta High Yield Bond ETF Price Performance

Shares of HYUP traded up $0.02 during trading hours on Friday, hitting $42.49. The company had a trading volume of 7,261 shares, compared to its average volume of 12,478. The firm has a fifty day moving average price of $42.18 and a 200-day moving average price of $42.30. Xtrackers High Beta High Yield Bond ETF has a 52-week low of $39.48 and a 52-week high of $42.91.

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 position in shares of Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 66.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 91,033 shares of the company’s stock after buying an additional 36,280 shares during the quarter. Sound Income Strategies LLC owned 18.21% of Xtrackers High Beta High Yield Bond ETF worth $3,840,000 as of its most recent filing with the Securities & Exchange Commission.

Xtrackers High Beta High Yield Bond ETF Company Profile

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.