Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Shares Shorted: Short Interest Down 89.9% in September

by · The Markets Daily

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW – Get Free Report) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 187 shares, a drop of 89.9% from the September 15th total of 1,852 shares. Based on an average daily trading volume, of 5,736 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Xtrackers Low Beta High Yield Bond ETF

An institutional investor recently raised its stake in Xtrackers Low Beta High Yield Bond ETF stock. Financial Gravity Asset Management Inc. boosted its position in shares of Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW – Free Report) by 6.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 387,299 shares of the company’s stock after purchasing an additional 23,873 shares during the quarter. Xtrackers Low Beta High Yield Bond ETF comprises about 3.5% of Financial Gravity Asset Management Inc.’s holdings, making the stock its 6th biggest holding. Financial Gravity Asset Management Inc. owned 25.82% of Xtrackers Low Beta High Yield Bond ETF worth $18,274,000 at the end of the most recent reporting period.

Xtrackers Low Beta High Yield Bond ETF Stock Up 0.4%

NYSEARCA:HYDW traded up $0.18 during trading hours on Friday, reaching $45.78. 3,778 shares of the company traded hands, compared to its average volume of 5,989. The business’s 50-day moving average price is $46.34 and its two-hundred day moving average price is $46.57. Xtrackers Low Beta High Yield Bond ETF has a 1 year low of $45.21 and a 1 year high of $47.56.

About Xtrackers Low Beta High Yield Bond ETF

(Get Free Report)

The Xtrackers Low Beta High Yield Bond ETF (HYDW) 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 low yield to worst. HYDW was launched on Jan 11, 2018 and is managed by Xtrackers.

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