BondBloxx USD High Yield Bond Energy Sector ETF (NYSEARCA:XHYE) Short Interest Update

BondBloxx USD High Yield Bond Energy Sector ETF (NYSEARCA:XHYE) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 576 shares, a drop of 61.6% from the April 30th total of 1,501 shares. Based on an average trading volume of 10,066 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.3% of the company’s shares are short sold.

BondBloxx USD High Yield Bond Energy Sector ETF Price Performance

Shares of XHYE remained flat at $39.11 during midday trading on Friday. BondBloxx USD High Yield Bond Energy Sector ETF has a twelve month low of $37.33 and a twelve month high of $39.46. The stock has a fifty day simple moving average of $39.14 and a 200 day simple moving average of $38.95.

Institutional Trading of BondBloxx USD High Yield Bond Energy Sector ETF

A number of hedge funds and other institutional investors have recently modified their holdings of XHYE. Partners Wealth Management LLC grew its position in BondBloxx USD High Yield Bond Energy Sector ETF by 6.7% in the first quarter. Partners Wealth Management LLC now owns 9,677 shares of the company’s stock worth $378,000 after acquiring an additional 604 shares during the period. HighTower Advisors LLC increased its stake in BondBloxx USD High Yield Bond Energy Sector ETF by 1.8% during the fourth quarter. HighTower Advisors LLC now owns 26,213 shares of the company’s stock worth $1,011,000 after acquiring an additional 460 shares during the last quarter. Jane Street Group LLC increased its stake in BondBloxx USD High Yield Bond Energy Sector ETF by 79.4% during the fourth quarter. Jane Street Group LLC now owns 27,587 shares of the company’s stock worth $1,064,000 after acquiring an additional 12,211 shares during the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp increased its stake in BondBloxx USD High Yield Bond Energy Sector ETF by 0.4% during the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 83,400 shares of the company’s stock worth $3,257,000 after acquiring an additional 300 shares during the last quarter.

About BondBloxx USD High Yield Bond Energy Sector ETF

The BondBloxx US High Yield Energy Sector ETF (XHYE) 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 energy sector. XHYE was launched on Feb 15, 2022 and is managed by BondBloxx.