Short Interest in BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Declines By 25.0%

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 4,839 shares, a decrease of 25.0% from the January 15th total of 6,453 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,950 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 14,950 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

BondBloxx USD High Yield Bond Sector Rotation ETF Stock Performance

HYSA traded up $0.07 during trading on Monday, reaching $15.15. The stock had a trading volume of 11,815 shares, compared to its average volume of 14,960. The stock has a market cap of $31.36 million, a PE ratio of 4.03 and a beta of 0.30. BondBloxx USD High Yield Bond Sector Rotation ETF has a one year low of $14.17 and a one year high of $15.53. The business has a 50-day moving average of $15.19 and a 200-day moving average of $15.21.

BondBloxx USD High Yield Bond Sector Rotation ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.0822 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 6.5%.

Institutional Trading of BondBloxx USD High Yield Bond Sector Rotation ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. MAI Capital Management purchased a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF during the third quarter valued at about $29,000. Kestra Advisory Services LLC bought a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the 4th quarter valued at about $30,000. CWM LLC purchased a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF during the 3rd quarter valued at about $32,000. Truist Financial Corp bought a new position in BondBloxx USD High Yield Bond Sector Rotation ETF during the 3rd quarter worth approximately $154,000. Finally, Kingsview Wealth Management LLC bought a new position in BondBloxx USD High Yield Bond Sector Rotation ETF during the 4th quarter worth approximately $167,000.

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.