BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Short Interest Up 98.2% in January

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 6,453 shares, a growth of 98.2% from the December 31st total of 3,255 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 15,409 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 15,409 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the shares of the stock are short sold.

BondBloxx USD High Yield Bond Sector Rotation ETF Stock Performance

Shares of NYSEARCA HYSA opened at $15.24 on Friday. 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 firm has a market capitalization of $32.31 million, a P/E ratio of 4.03 and a beta of 0.30. The company’s fifty day moving average is $15.20 and its two-hundred day moving average is $15.21.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in HYSA. Jane Street Group LLC acquired a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF during the 2nd quarter valued at approximately $182,000. Adams Wealth Management increased its stake in BondBloxx USD High Yield Bond Sector Rotation ETF by 916.6% in the 2nd quarter. Adams Wealth Management now owns 124,252 shares of the company’s stock valued at $1,889,000 after purchasing an additional 112,030 shares in the last quarter. CacheTech Inc. increased its stake in BondBloxx USD High Yield Bond Sector Rotation ETF by 1,019.6% in the 2nd quarter. CacheTech Inc. now owns 136,837 shares of the company’s stock valued at $2,080,000 after purchasing an additional 124,615 shares in the last quarter. CWM LLC acquired a new position in BondBloxx USD High Yield Bond Sector Rotation ETF during the third quarter worth $32,000. Finally, Truist Financial Corp purchased a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF during the third quarter worth $154,000.

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.