Short Interest in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Expands By 73.2%

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 1,385,246 shares, a growth of 73.2% from the November 30th total of 799,635 shares. Based on an average trading volume of 1,536,771 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.3% of the shares of the company are sold short. Currently, 1.3% of the shares of the company are sold short. Based on an average trading volume of 1,536,771 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On Xtrackers USD High Yield Corporate Bond ETF

Institutional investors have recently modified their holdings of the business. Amundi lifted its holdings in Xtrackers USD High Yield Corporate Bond ETF by 12.8% in the first quarter. Amundi now owns 329,478 shares of the company’s stock worth $11,756,000 after acquiring an additional 37,400 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 16.0% during the second quarter. TD Private Client Wealth LLC now owns 253,299 shares of the company’s stock valued at $9,352,000 after purchasing an additional 34,863 shares during the last quarter. Retirement Investment Advisors Inc. raised its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 5.3% during the 2nd quarter. Retirement Investment Advisors Inc. now owns 508,003 shares of the company’s stock worth $18,755,000 after purchasing an additional 25,754 shares during the period. Wiser Advisor Group LLC lifted its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 2.3% in the 2nd quarter. Wiser Advisor Group LLC now owns 33,363 shares of the company’s stock worth $1,232,000 after purchasing an additional 740 shares during the last quarter. Finally, Performa Ltd US LLC lifted its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 8.3% in the 2nd quarter. Performa Ltd US LLC now owns 1,298,956 shares of the company’s stock worth $47,957,000 after purchasing an additional 99,036 shares during the last quarter.

Xtrackers USD High Yield Corporate Bond ETF Stock Performance

HYLB traded down $0.02 during trading hours on Friday, hitting $36.82. 419,476 shares of the stock were exchanged, compared to its average volume of 1,656,898. The stock has a 50-day simple moving average of $36.83 and a 200-day simple moving average of $36.82. Xtrackers USD High Yield Corporate Bond ETF has a 12 month low of $34.40 and a 12 month high of $37.19.

About Xtrackers USD High Yield Corporate Bond ETF

The Xtrackers USD High Yield Corporate Bond ETF (HYLB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high-yield corporate bonds with 1 to 15 years remaining to maturity. HYLB was launched on Dec 7, 2016 and is managed by Xtrackers.