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

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 14 shares, a decline of 98.9% from the April 30th total of 1,244 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,847 shares, the short-interest ratio is currently 0.0 days.

LeaderShares Dynamic Yield ETF Stock Performance

NYSEARCA DYLD traded up $0.01 during trading on Wednesday, hitting $22.43. The company’s stock had a trading volume of 8,405 shares, compared to its average volume of 3,958. The firm has a 50 day moving average price of $22.45 and a 200 day moving average price of $22.56. LeaderShares Dynamic Yield ETF has a 52 week low of $22.27 and a 52 week high of $22.92.

Institutional Trading of LeaderShares Dynamic Yield ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DYLD. Jane Street Group LLC acquired a new stake in LeaderShares Dynamic Yield ETF in the 1st quarter worth $2,468,000. JPMorgan Chase & Co. acquired a new stake in LeaderShares Dynamic Yield ETF in the 2nd quarter worth $231,000. UBS Group AG lifted its position in shares of LeaderShares Dynamic Yield ETF by 18.5% in 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 period. Citadel Advisors LLC lifted its position in shares of LeaderShares Dynamic Yield ETF by 657.0% in 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 period. Finally, Goldman Sachs Group Inc. lifted its position in shares of LeaderShares Dynamic Yield ETF by 29.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 12,122 shares of the company’s stock worth $274,000 after acquiring an additional 2,761 shares during the period.

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.