Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Sees Significant Decline in Short Interest

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 7,888 shares, a decrease of 52.2% from the May 14th total of 16,511 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 5,140 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC lifted its holdings in shares of Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 22.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 169,166 shares of the company’s stock after purchasing 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 as of its most recent SEC filing.

Xtrackers High Beta High Yield Bond ETF Stock Up 0.1%

Xtrackers High Beta High Yield Bond ETF stock traded up $0.03 during trading hours on Friday, hitting $41.75. The company had a trading volume of 1,679 shares, compared to its average volume of 11,519. Xtrackers High Beta High Yield Bond ETF has a one year low of $40.99 and a one year high of $42.91. The firm has a 50-day moving average of $41.78 and a 200 day moving average of $41.99.

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.