Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) Sees Large Drop in Short Interest

Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 3,082 shares, a decrease of 36.9% from the June 30th total of 4,884 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,674 shares, the days-to-cover ratio is presently 1.2 days.

Xtrackers USD High Yield BB-B ex Financials ETF Stock Performance

BATS BHYB opened at $53.92 on Friday. The company has a fifty day moving average of $54.06 and a two-hundred day moving average of $54.24. Xtrackers USD High Yield BB-B ex Financials ETF has a 1 year low of $53.33 and a 1 year high of $54.99.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers USD High Yield BB-B ex Financials ETF stock. American Family Investments Inc. increased its stake in shares of Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) by 37.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,627,800 shares of the company’s stock after purchasing an additional 7,792,000 shares during the quarter. Xtrackers USD High Yield BB-B ex Financials ETF makes up approximately 56.2% of American Family Investments Inc.’s holdings, making the stock its largest holding. American Family Investments Inc. owned 79.74% of Xtrackers USD High Yield BB-B ex Financials ETF worth $1,560,138,000 at the end of the most recent reporting period.

Xtrackers USD High Yield BB-B ex Financials ETF Company Profile

The Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of Ba1/BB+ through B3/B-. The fund places little restrictions on duration or maturity. BHYB was launched on Oct 27, 2023 and is issued by Xtrackers.