Short Interest in BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF (NYSEARCA:XHYD) Declines By 27.6%

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF (NYSEARCA:XHYD) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 6,580 shares, a decrease of 27.6% from the March 31st total of 9,091 shares. Based on an average daily volume of 5,979 shares, the short-interest ratio is currently 1.1 days. Currently, 1.5% of the shares of the stock are sold short.

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF Stock Performance

Shares of XHYD traded down $0.03 during trading hours on Friday, hitting $38.09. 19,786 shares of the company were exchanged, compared to its average volume of 5,371. The firm has a fifty day simple moving average of $38.20 and a 200-day simple moving average of $38.35. BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF has a one year low of $37.41 and a one year high of $40.10.

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF Company Profile

The BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) 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 in the consumer non-cyclicals sector. XHYD was launched on Feb 15, 2022 and is managed by BondBloxx.