Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Short Interest Update

by · The Cerbat Gem

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL – Get Free Report) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 87,338 shares, a growth of 407.4% from the April 15th total of 17,214 shares. Currently, 1.5% of the shares of the company are sold short. Based on an average daily volume of 30,636 shares, the short-interest ratio is presently 2.9 days.

Xtrackers Short Duration High Yield Bond ETF Stock Down 0.0%

Shares of SHYL stock traded down $0.02 on Thursday, reaching $44.37. The stock had a trading volume of 26,564 shares, compared to its average volume of 39,797. Xtrackers Short Duration High Yield Bond ETF has a 12 month low of $43.94 and a 12 month high of $45.55. The firm’s 50-day moving average is $44.44 and its two-hundred day moving average is $44.79.

Institutional Trading of Xtrackers Short Duration High Yield Bond ETF

A number of hedge funds have recently made changes to their positions in SHYL. Ameriprise Financial Inc. boosted its stake in shares of Xtrackers Short Duration High Yield Bond ETF by 146.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 215,032 shares of the company’s stock worth $9,768,000 after acquiring an additional 127,730 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Xtrackers Short Duration High Yield Bond ETF by 9.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 19,774 shares of the company’s stock valued at $878,000 after purchasing an additional 1,677 shares during the last quarter. Finally, USAdvisors Wealth Management LLC lifted its holdings in Xtrackers Short Duration High Yield Bond ETF by 7.3% during the 1st quarter. USAdvisors Wealth Management LLC now owns 10,528 shares of the company’s stock valued at $463,000 after purchasing an additional 720 shares during the last quarter.

About Xtrackers Short Duration High Yield Bond ETF

(Get Free Report)

The Xtrackers Short Duration High Yield Bond ETF (SHYL) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high-yield corporate bonds with 0 to 5 years remaining to maturity. SHYL was launched on Jan 10, 2018 and is managed by Xtrackers.

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