LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Sees Significant Increase in Short Interest

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,459 shares, an increase of 1,071.0% from the August 15th total of 210 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 14,526 shares, the short-interest ratio is currently 0.2 days.

LeaderShares Dynamic Yield ETF Stock Performance

NYSEARCA:DYLD remained flat at $22.17 during midday trading on Friday. 2,257 shares of the company were exchanged, compared to its average volume of 4,086. LeaderShares Dynamic Yield ETF has a 1-year low of $22.13 and a 1-year high of $22.92. The business has a fifty day moving average price of $22.29 and a two-hundred day moving average price of $22.41.

LeaderShares Dynamic Yield ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, July 29th. Stockholders of record on Friday, July 24th were issued a dividend of $0.062 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Friday, July 24th.

Institutional Trading of LeaderShares Dynamic Yield ETF

Institutional investors have recently bought and sold shares of the stock. Redwood Investment Management LLC increased its stake in shares of LeaderShares Dynamic Yield ETF by 8.2% in the first quarter. Redwood Investment Management LLC now owns 586,292 shares of the company’s stock valued at $13,139,000 after buying an additional 44,519 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in LeaderShares Dynamic Yield ETF by 29.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 12,122 shares of the company’s stock worth $274,000 after buying an additional 2,761 shares in the last quarter. Jane Street Group LLC lifted its position in LeaderShares Dynamic Yield ETF by 97.1% during the 4th quarter. Jane Street Group LLC now owns 26,690 shares of the company’s stock worth $604,000 after buying an additional 13,151 shares in the last quarter. UBS Group AG grew its holdings in LeaderShares Dynamic Yield ETF by 18.5% during the 3rd quarter. UBS Group AG now owns 47,052 shares of the company’s stock worth $1,069,000 after acquiring an additional 7,355 shares during the last quarter. Finally, Citadel Advisors LLC grew its holdings in LeaderShares Dynamic Yield ETF by 657.0% during the 3rd quarter. Citadel Advisors LLC now owns 126,595 shares of the company’s stock worth $2,876,000 after acquiring an additional 109,872 shares during the last quarter.

About LeaderShares Dynamic Yield ETF

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.