Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL – Get Free Report) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 4,656 shares, a decline of 53.2% from the July 30th total of 9,957 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 23,220 shares, the short-interest ratio is presently 0.2 days.
Institutional Trading of Xtrackers Short Duration High Yield Bond ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. USAdvisors Wealth Management LLC increased its position in shares of Xtrackers Short Duration High Yield Bond ETF by 7.3% in the first quarter. USAdvisors Wealth Management LLC now owns 10,528 shares of the company’s stock valued at $463,000 after buying an additional 720 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in Xtrackers Short Duration High Yield Bond ETF in the 4th quarter valued at $814,000. Finally, Ameriprise Financial Inc. grew its stake in Xtrackers Short Duration High Yield Bond ETF by 3.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 87,302 shares of the company’s stock valued at $3,957,000 after acquiring an additional 3,006 shares during the period.
Xtrackers Short Duration High Yield Bond ETF Trading Up 0.1%
Shares of NYSEARCA:SHYL traded up $0.05 during trading on Friday, hitting $44.26. The stock had a trading volume of 52,856 shares, compared to its average volume of 37,638. Xtrackers Short Duration High Yield Bond ETF has a 12-month low of $43.88 and a 12-month high of $45.55. The stock has a 50-day simple moving average of $44.14 and a two-hundred day simple moving average of $44.36.
About Xtrackers Short Duration High Yield Bond ETF
The Xtrackers Short Duration High Yield Bond ETF (SHYL) 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 0 to 5 years remaining to maturity. SHYL was launched on Jan 10, 2018 and is managed by Xtrackers.
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