Short Interest in BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) Rises By 54.1%

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 208 shares, an increase of 54.1% from the February 26th total of 135 shares. Based on an average daily trading volume, of 47,284 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

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

NYSEARCA XHYT opened at $33.55 on Friday. The stock has a market capitalization of $50.33 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 has a 52 week low of $32.85 and a 52 week high of $36.47. The stock’s 50 day moving average price is $34.25 and its two-hundred day moving average price is $34.65.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.1858 dividend. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date was Monday, March 2nd.

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

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.