LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Stock Short Interest Rises 151.4%

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 88 shares, a growth of 151.4% from the September 30th total of 35 shares. Based on an average daily trading volume, of 6,495 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in LeaderShares Dynamic Yield ETF stock. Coppell Advisory Solutions LLC acquired a new position in shares of LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 9,620 shares of the company’s stock, valued at approximately $216,000. Coppell Advisory Solutions LLC owned approximately 0.53% of LeaderShares Dynamic Yield ETF as of its most recent filing with the Securities & Exchange Commission.

LeaderShares Dynamic Yield ETF Trading Up 0.0%

NYSEARCA:DYLD traded up $0.01 during trading hours on Friday, reaching $22.09. The company had a trading volume of 3,140 shares, compared to its average volume of 4,789. LeaderShares Dynamic Yield ETF has a twelve month low of $21.88 and a twelve month high of $22.78. The business’s 50-day simple moving average is $22.15 and its two-hundred day simple moving average is $22.38.

LeaderShares Dynamic Yield ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Wednesday, October 28th will be issued a dividend of $0.0768 per share. The ex-dividend date of this dividend is Wednesday, October 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.2%. This is an increase from LeaderShares Dynamic Yield ETF’s previous monthly dividend of $0.0694.

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.