BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Short Interest Up 93.6% in April

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 35,001 shares, an increase of 93.6% from the April 15th total of 18,077 shares. Based on an average daily trading volume, of 14,237 shares, the short-interest ratio is presently 2.5 days. Approximately 1.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On BondBloxx USD High Yield Bond Sector Rotation ETF

A number of institutional investors have recently made changes to their positions in the business. MAI Capital Management purchased a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the 3rd quarter valued at $29,000. Kestra Advisory Services LLC purchased a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the 4th quarter valued at $30,000. CWM LLC purchased a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the 3rd quarter valued at $32,000. Truist Financial Corp purchased a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the 3rd quarter valued at $154,000. Finally, Kingsview Wealth Management LLC purchased a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the 4th quarter valued at $167,000.

BondBloxx USD High Yield Bond Sector Rotation ETF Price Performance

HYSA stock opened at $14.87 on Tuesday. BondBloxx USD High Yield Bond Sector Rotation ETF has a one year low of $14.66 and a one year high of $15.53. The stock has a market cap of $30.19 million, a PE ratio of 4.03 and a beta of 0.28. The firm has a 50 day simple moving average of $14.91 and a two-hundred day simple moving average of $15.08.

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.