Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Short Interest Down 22.9% in March

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUPGet Free Report) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 19,525 shares, a decline of 22.9% from the February 26th total of 25,324 shares. Based on an average daily trading volume, of 13,899 shares, the days-to-cover ratio is currently 1.4 days. Currently, 2.6% of the company’s shares are short sold.

Xtrackers High Beta High Yield Bond ETF Trading Down 0.4%

NYSEARCA:HYUP opened at $40.99 on Friday. The company has a fifty day moving average of $42.04 and a 200 day moving average of $42.20. Xtrackers High Beta High Yield Bond ETF has a 52 week low of $39.48 and a 52 week high of $42.91.

Xtrackers High Beta High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, March 2nd were given a $0.1937 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%.

Institutional Trading of Xtrackers High Beta High Yield Bond ETF

An institutional investor recently raised its position in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC increased its holdings in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUPFree Report) by 66.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,033 shares of the company’s stock after purchasing an additional 36,280 shares during the quarter. Sound Income Strategies LLC owned approximately 18.21% of Xtrackers High Beta High Yield Bond ETF worth $3,840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.

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