BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Sees Large Decrease in Short Interest

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 3,255 shares, a decrease of 52.9% from the December 15th total of 6,917 shares. Based on an average daily volume of 9,259 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 9,259 shares, the short-interest ratio is presently 0.4 days.

BondBloxx USD High Yield Bond Sector Rotation ETF Price Performance

Shares of BondBloxx USD High Yield Bond Sector Rotation ETF stock remained flat at $15.21 during mid-day trading on Friday. 1,383 shares of the company’s stock traded hands, compared to its average volume of 14,080. BondBloxx USD High Yield Bond Sector Rotation ETF has a 1 year low of $14.17 and a 1 year high of $15.53. The firm’s 50 day moving average is $15.19 and its 200-day moving average is $15.20. The stock has a market capitalization of $32.25 million, a P/E ratio of 4.03 and a beta of 0.30.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF during the 2nd quarter valued at $182,000. Adams Wealth Management grew its position in BondBloxx USD High Yield Bond Sector Rotation ETF by 916.6% during the second quarter. Adams Wealth Management now owns 124,252 shares of the company’s stock valued at $1,889,000 after buying an additional 112,030 shares during the period. CacheTech Inc. increased its holdings in BondBloxx USD High Yield Bond Sector Rotation ETF by 1,019.6% during the second quarter. CacheTech Inc. now owns 136,837 shares of the company’s stock worth $2,080,000 after buying an additional 124,615 shares during the last quarter. CWM LLC bought a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF in the third quarter worth about $32,000. Finally, Truist Financial Corp bought a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF in the third quarter worth about $154,000.

About BondBloxx USD High Yield Bond Sector Rotation ETF

The BondBloxx USD High Yield Bond Sector Rotation ETF (HYSA) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund-of-funds that invests in its own suite of fixed-income products specializing in high-yield USD-denominated corporate bonds. It offers diversified sector exposure and no bond maturity limitations. HYSA was launched on Sep 18, 2023 and is issued by BondBloxx.