Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Short Interest Update

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 3,668 shares, a drop of 71.1% from the August 15th total of 12,690 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 4,331 shares, the days-to-cover ratio is currently 0.8 days.

Xtrackers High Beta High Yield Bond ETF Trading Down 0.0%

HYUP stock traded down $0.01 during mid-day trading on Friday, reaching $40.78. 639 shares of the stock traded hands, compared to its average volume of 9,103. Xtrackers High Beta High Yield Bond ETF has a one year low of $40.77 and a one year high of $42.91. The business has a 50-day moving average price of $41.36 and a two-hundred day moving average price of $41.60.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC grew its holdings in shares of Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 22.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 169,166 shares of the company’s stock after buying an additional 31,312 shares during the quarter. Sound Income Strategies LLC owned 16.11% of Xtrackers High Beta High Yield Bond ETF worth $7,003,000 at the end of the most recent reporting period.

Xtrackers High Beta High Yield Bond ETF Company Profile

The Xtrackers High Beta High Yield Bond ETF (HYUP) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high yield bonds with a high yield to worst. HYUP was launched on Jan 11, 2018 and is managed by Xtrackers.