X-trackers High Yield Bond ETF Falls Below Key Moving Average
On Monday, shares of the X-trackers USD High Yield Corporate Bond ETF (Symbol: HYLB) dipped below the 200-day moving average of $36.33, trading as low as $36.17. Currently, X-trackers USD High Yield Corporate Bond shares are down about 0.6% for the day. The chart below illustrates the one-year performance of HYLB shares compared to its 200-day moving average:
According to the chart, HYLB’s 52-week low is $34.40 per share, while the 52-week high is $36.94. The most recent trade was at $36.24.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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