Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Short Interest Down 24.5% in February

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYLGet Free Report) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 22,463 shares, a decline of 24.5% from the January 29th total of 29,767 shares. Based on an average daily volume of 54,326 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 54,326 shares, the days-to-cover ratio is currently 0.4 days.

Xtrackers Short Duration High Yield Bond ETF Trading Down 0.5%

SHYL traded down $0.21 on Monday, hitting $44.65. 37,690 shares of the company’s stock were exchanged, compared to its average volume of 43,216. Xtrackers Short Duration High Yield Bond ETF has a fifty-two week low of $42.03 and a fifty-two week high of $45.55. The firm has a 50-day moving average price of $44.99 and a 200-day moving average price of $45.09.

Xtrackers Short Duration High Yield Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, March 2nd will be given a dividend of $0.237 per share. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 6.4%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Xtrackers Short Duration High Yield Bond ETF stock. Janney Montgomery Scott LLC bought a new position in shares of Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYLFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 18,097 shares of the company’s stock, valued at approximately $814,000. Janney Montgomery Scott LLC owned about 0.31% of Xtrackers Short Duration High Yield Bond ETF at the end of the most recent reporting period.

Xtrackers Short Duration High Yield Bond ETF Company Profile

(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.

Further Reading

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