BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) Short Interest Update

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 119 shares, a decline of 72.8% from the January 29th total of 438 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,409 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 1,409 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF Price Performance

NYSEARCA XHYT traded down $0.05 on Friday, hitting $34.29. The stock had a trading volume of 203 shares, compared to its average volume of 3,710. BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF has a 52-week low of $32.85 and a 52-week high of $36.47. The business’s fifty day moving average price is $34.56 and its 200 day moving average price is $34.79. The stock has a market cap of $51.44 million, a price-to-earnings ratio of 4.06 and a beta of 0.49.

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.2124 per share. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date was Monday, February 2nd.

About BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

The BondBloxx US High Yield Telecom Media Technology Sector ETF (XHYT) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a modified market value-weighted index of USD-denominated high-yield corporate bonds of any maturity, issued by companies classified under the telecommunications, media, and technology sectors. XHYT was launched on Feb 15, 2022 and is managed by BondBloxx.