LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 88 shares, an increase of 151.4% from the September 30th total of 35 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 6,495 shares, the short-interest ratio is currently 0.0 days.
LeaderShares Dynamic Yield ETF Price Performance
Shares of NYSEARCA:DYLD traded down $0.03 during trading on Friday, reaching $22.05. 7,835 shares of the stock were exchanged, compared to its average volume of 4,812. LeaderShares Dynamic Yield ETF has a 1-year low of $21.88 and a 1-year high of $22.78. The stock has a fifty day moving average of $22.14 and a two-hundred day moving average of $22.38.
LeaderShares Dynamic Yield ETF Increases Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Wednesday, October 28th will be paid a dividend of $0.0768 per share. This is a boost from LeaderShares Dynamic Yield ETF’s previous monthly dividend of $0.0694. The ex-dividend date is Wednesday, October 28th. This represents a $0.92 dividend on an annualized basis and a yield of 4.2%.
Institutional Inflows and Outflows
An institutional investor recently raised its stake in LeaderShares Dynamic Yield ETF stock. Redwood Investment Management LLC lifted its holdings in shares of LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD – Free Report) by 8.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 586,292 shares of the company’s stock after acquiring an additional 44,519 shares during the period. LeaderShares Dynamic Yield ETF makes up 1.6% of Redwood Investment Management LLC’s holdings, making the stock its 11th biggest holding. Redwood Investment Management LLC owned 32.57% of LeaderShares Dynamic Yield ETF worth $13,139,000 as of its most recent SEC filing.
LeaderShares Dynamic Yield ETF Company Profile
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.
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