Short Interest in BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Expands By 149.9%

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 12,094 shares, a growth of 149.9% from the January 29th total of 4,839 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 14,685 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 14,685 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.6% of the company’s stock are sold short.

BondBloxx USD High Yield Bond Sector Rotation ETF Trading Down 0.1%

Shares of NYSEARCA HYSA opened at $15.19 on Friday. BondBloxx USD High Yield Bond Sector Rotation ETF has a 12-month low of $14.17 and a 12-month high of $15.53. The company has a market cap of $31.44 million, a P/E ratio of 4.03 and a beta of 0.30. The stock has a fifty day moving average price of $15.19 and a 200 day moving average price of $15.21.

BondBloxx USD High Yield Bond Sector Rotation ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.0822 per share. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date was Monday, February 2nd.

Hedge Funds Weigh In On BondBloxx USD High Yield Bond Sector Rotation ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF during the second quarter valued at approximately $182,000. Adams Wealth Management boosted its stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF by 916.6% in the second quarter. Adams Wealth Management now owns 124,252 shares of the company’s stock valued at $1,889,000 after purchasing an additional 112,030 shares during the period. CacheTech Inc. grew its holdings in BondBloxx USD High Yield Bond Sector Rotation ETF by 1,019.6% during the 2nd quarter. CacheTech Inc. now owns 136,837 shares of the company’s stock valued at $2,080,000 after purchasing an additional 124,615 shares in the last quarter. CWM LLC purchased a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF during the 3rd quarter worth $32,000. Finally, Truist Financial Corp purchased a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF during the 3rd quarter worth $154,000.

BondBloxx USD High Yield Bond Sector Rotation ETF Company Profile

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.