Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Short Interest Down 81.4% in March

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) saw a large drop in short interest in March. As of March 13th, there was short interest totaling 738 shares, a drop of 81.4% from the February 26th total of 3,963 shares. Based on an average trading volume of 4,633 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 4,633 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Financial Gravity Asset Management Inc. boosted its position in Xtrackers Low Beta High Yield Bond ETF by 6.6% during the 4th quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock worth $18,274,000 after buying an additional 23,873 shares during the period. American Family Investments Inc. increased its position in Xtrackers Low Beta High Yield Bond ETF by 79.6% in the 2nd quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock valued at $252,878,000 after acquiring an additional 2,370,000 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Xtrackers Low Beta High Yield Bond ETF by 28.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock valued at $574,000 after acquiring an additional 2,688 shares during the period.

Xtrackers Low Beta High Yield Bond ETF Price Performance

HYDW traded up $0.09 on Wednesday, reaching $46.48. The stock had a trading volume of 3,172 shares, compared to its average volume of 9,440. Xtrackers Low Beta High Yield Bond ETF has a fifty-two week low of $44.79 and a fifty-two week high of $47.57. The firm has a 50-day moving average of $47.06 and a 200-day moving average of $47.17.

Xtrackers Low Beta High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1986 per share. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Monday, March 2nd.

About Xtrackers Low Beta High Yield Bond ETF

The Xtrackers Low Beta High Yield Bond ETF (HYDW) 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 low yield to worst. HYDW was launched on Jan 11, 2018 and is managed by Xtrackers.