BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) Short Interest Update

BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 608 shares, a decline of 44.7% from the November 30th total of 1,100 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 417 shares, the days-to-cover ratio is currently 1.5 days. Based on an average trading volume of 417 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.1% of the company’s stock are short sold.

BondBloxx USD High Yield Bond Industrial Sector ETF Price Performance

Shares of XHYI traded up $0.02 during trading hours on Monday, reaching $38.37. The stock had a trading volume of 1,402 shares, compared to its average volume of 7,057. The firm has a 50-day simple moving average of $38.19 and a 200 day simple moving average of $38.22. BondBloxx USD High Yield Bond Industrial Sector ETF has a 12 month low of $35.58 and a 12 month high of $39.47.

BondBloxx USD High Yield Bond Industrial Sector ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a dividend of $0.2059 per share. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change from BondBloxx USD High Yield Bond Industrial Sector ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 6.4%.

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

Large investors have recently bought and sold shares of the stock. Jane Street Group LLC bought a new position in shares of BondBloxx USD High Yield Bond Industrial Sector ETF during the second quarter valued at about $373,000. Partners Wealth Management LLC purchased a new stake in BondBloxx USD High Yield Bond Industrial Sector ETF in the 3rd quarter valued at about $446,000. Finally, Concurrent Investment Advisors LLC bought a new position in shares of BondBloxx USD High Yield Bond Industrial Sector ETF during the 2nd quarter worth approximately $651,000.

BondBloxx USD High Yield Bond Industrial Sector ETF Company Profile

The BondBloxx US High Yield Industrial Sector ETF (XHYI) 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 industrial sector. XHYI was launched on Feb 15, 2022 and is managed by BondBloxx.