LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Shares Shorted: Short Interest Down 73.7% in September

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 35 shares, a decrease of 73.7% from the September 15th total of 133 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 14,916 shares, the days-to-cover ratio is presently 0.0 days.

LeaderShares Dynamic Yield ETF Trading Up 0.0%

Shares of NYSEARCA DYLD traded up $0.01 during trading on Tuesday, reaching $22.07. The company had a trading volume of 1,807 shares, compared to its average volume of 4,864. LeaderShares Dynamic Yield ETF has a 12-month low of $21.88 and a 12-month high of $22.90. The business’s 50-day moving average is $22.20 and its 200 day moving average is $22.34.

LeaderShares Dynamic Yield ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 1st. Investors of record on Friday, September 25th were paid a dividend of $0.0694 per share. The ex-dividend date of this dividend was Friday, September 25th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 3.8%. This is a drop from LeaderShares Dynamic Yield ETF’s previous monthly dividend of $0.0765.

Institutional Trading of LeaderShares Dynamic Yield ETF

An institutional investor recently bought a new position in LeaderShares Dynamic Yield ETF stock. Coppell Advisory Solutions LLC purchased a new stake in LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 9,620 shares of the company’s stock, valued at approximately $216,000. Coppell Advisory Solutions LLC owned approximately 0.53% of LeaderShares Dynamic Yield ETF as of its most recent SEC filing.

About LeaderShares Dynamic Yield ETF

(Get Free Report)

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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