Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) Sees Large Increase in Short Interest

Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 47,745 shares, an increase of 3,161.3% from the September 15th total of 1,464 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 50,035 shares, the short-interest ratio is currently 1.0 days.

Xtrackers USD High Yield BB-B ex Financials ETF Stock Performance

Shares of BATS:BHYB traded up $0.08 during midday trading on Friday, reaching $52.54. 230 shares of the company traded hands, compared to its average volume of 201,343. The firm’s fifty day moving average price is $53.50 and its two-hundred day moving average price is $53.87. Xtrackers USD High Yield BB-B ex Financials ETF has a 12 month low of $52.03 and a 12 month high of $54.99.

Xtrackers USD High Yield BB-B ex Financials ETF Company Profile

The Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of Ba1/BB+ through B3/B-. The fund places little restrictions on duration or maturity. BHYB was launched on Oct 27, 2023 and is issued by Xtrackers.