Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Sees Large Growth in Short Interest

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 1,169,182 shares, an increase of 181.6% from the December 31st total of 415,258 shares. Based on an average trading volume of 2,505,506 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.2% of the shares of the company are sold short. Approximately 1.2% of the shares of the company are sold short. Based on an average trading volume of 2,505,506 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Xtrackers USD High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HYLB. Jones Financial Companies Lllp increased its stake in Xtrackers USD High Yield Corporate Bond ETF by 26.0% in the third quarter. Jones Financial Companies Lllp now owns 3,571 shares of the company’s stock valued at $132,000 after purchasing an additional 736 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 154.6% during the fourth quarter. Farther Finance Advisors LLC now owns 8,567 shares of the company’s stock valued at $316,000 after acquiring an additional 5,202 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in Xtrackers USD High Yield Corporate Bond ETF in the second quarter valued at about $594,000. Arkadios Wealth Advisors increased its position in Xtrackers USD High Yield Corporate Bond ETF by 17.6% in the third quarter. Arkadios Wealth Advisors now owns 17,934 shares of the company’s stock worth $666,000 after buying an additional 2,689 shares during the last quarter. Finally, Virtue Capital Management LLC purchased a new stake in Xtrackers USD High Yield Corporate Bond ETF during the second quarter valued at about $865,000.

Xtrackers USD High Yield Corporate Bond ETF Trading Up 0.1%

Shares of Xtrackers USD High Yield Corporate Bond ETF stock opened at $37.05 on Friday. Xtrackers USD High Yield Corporate Bond ETF has a 12-month low of $34.40 and a 12-month high of $37.19. The firm’s 50-day moving average price is $36.93 and its two-hundred day moving average price is $36.88.

Xtrackers USD High Yield Corporate Bond ETF Company Profile

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.