Short Interest in Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Declines By 93.6%

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYLGet Free Report) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 5,587 shares, a drop of 93.6% from the April 30th total of 87,338 shares. Based on an average daily trading volume, of 33,689 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Xtrackers Short Duration High Yield Bond ETF Trading Up 0.1%

Shares of Xtrackers Short Duration High Yield Bond ETF stock traded up $0.06 during trading on Friday, hitting $44.58. 27,528 shares of the company’s stock traded hands, compared to its average volume of 38,273. Xtrackers Short Duration High Yield Bond ETF has a 1 year low of $43.94 and a 1 year high of $45.55. The business has a 50-day simple moving average of $44.45 and a 200-day simple moving average of $44.74.

Institutional Investors Weigh In On Xtrackers Short Duration High Yield Bond ETF

Institutional investors have recently modified their holdings of the business. USAdvisors Wealth Management LLC boosted its position in shares of Xtrackers Short Duration High Yield Bond ETF by 7.3% during 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 during the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Xtrackers Short Duration High Yield Bond ETF during the fourth quarter valued at $814,000. Finally, Ameriprise Financial Inc. boosted its position in shares of Xtrackers Short Duration High Yield Bond ETF by 3.6% during the second quarter. Ameriprise Financial Inc. now owns 87,302 shares of the company’s stock valued at $3,957,000 after buying an additional 3,006 shares during the last quarter.

Xtrackers Short Duration High Yield Bond ETF Company Profile

(Get Free Report)

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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