Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Short Interest Down 54.9% in March

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totaling 333 shares, a decline of 54.9% from the March 15th total of 738 shares. Based on an average daily trading volume, of 5,207 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Xtrackers Low Beta High Yield Bond ETF Stock Performance

Shares of HYDW stock traded up $0.10 during mid-day trading on Tuesday, reaching $46.97. 8,913 shares of the company’s stock traded hands, compared to its average volume of 8,887. Xtrackers Low Beta High Yield Bond ETF has a 12 month low of $45.83 and a 12 month high of $47.57. The company’s 50-day moving average price is $46.86 and its 200-day moving average price is $47.10.

Xtrackers Low Beta High Yield Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1986 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Monday, March 2nd.

Institutional Trading of Xtrackers Low Beta High Yield Bond ETF

A number of hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its holdings in shares of Xtrackers Low Beta High Yield Bond ETF by 28.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock valued at $574,000 after buying an additional 2,688 shares in the last quarter. Financial Gravity Asset Management Inc. raised its position in shares of Xtrackers Low Beta High Yield Bond ETF by 6.6% in the 4th quarter. Financial Gravity Asset Management Inc. now owns 387,299 shares of the company’s stock worth $18,274,000 after purchasing an additional 23,873 shares during the last quarter. Finally, American Family Investments Inc. raised its position in shares of Xtrackers Low Beta High Yield Bond ETF by 79.6% in the 2nd quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock worth $252,878,000 after purchasing an additional 2,370,000 shares during the last quarter.

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.