Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Short Interest Down 35.7% in December
by Danessa Lincoln · The Markets DailyXtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW – Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 2,941 shares, a decrease of 35.7% from the December 15th total of 4,572 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 4,777 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 4,777 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are short sold.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Xtrackers Low Beta High Yield Bond ETF stock. American Family Investments Inc. increased its stake in shares of Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW – Free Report) by 79.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,348,000 shares of the company’s stock after buying an additional 2,370,000 shares during the period. Xtrackers Low Beta High Yield Bond ETF accounts for about 13.8% of American Family Investments Inc.’s portfolio, making the stock its 2nd largest holding. American Family Investments Inc. owned 77.51% of Xtrackers Low Beta High Yield Bond ETF worth $252,878,000 as of its most recent filing with the SEC.
Xtrackers Low Beta High Yield Bond ETF Stock Up 0.0%
HYDW stock traded up $0.01 during midday trading on Friday, hitting $47.31. The company’s stock had a trading volume of 2,645 shares, compared to its average volume of 8,468. The company’s fifty day moving average price is $47.24 and its 200 day moving average price is $47.19. Xtrackers Low Beta High Yield Bond ETF has a twelve month low of $44.79 and a twelve month high of $47.57.
Xtrackers Low Beta High Yield Bond ETF Company Profile
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.