Short Interest in Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) Rises By 162.2%

Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 12,206 shares, a growth of 162.2% from the August 15th total of 4,656 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 23,695 shares, the days-to-cover ratio is currently 0.5 days.

Xtrackers Short Duration High Yield Bond ETF Stock Performance

Shares of SHYL traded up $0.01 during trading hours on Monday, hitting $43.67. The stock had a trading volume of 15,971 shares, compared to its average volume of 36,987. Xtrackers Short Duration High Yield Bond ETF has a 1-year low of $43.60 and a 1-year high of $45.55. The firm has a 50 day simple moving average of $44.06 and a 200-day simple moving average of $44.29.

Institutional Investors Weigh In On Xtrackers Short Duration High Yield Bond ETF

An institutional investor recently raised its stake in Xtrackers Short Duration High Yield Bond ETF stock. Janney Montgomery Scott LLC lifted its position in shares of Xtrackers Short Duration High Yield Bond ETF (NYSEARCA:SHYL) by 9.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,774 shares of the company’s stock after purchasing an additional 1,677 shares during the quarter. Janney Montgomery Scott LLC owned 0.35% of Xtrackers Short Duration High Yield Bond ETF worth $878,000 at the end of the most recent reporting period.

Xtrackers Short Duration High Yield Bond ETF Company Profile

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.