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 target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 280 shares, a decrease of 95.0% from the April 30th total of 5,618 shares. Based on an average trading volume of 16,510 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the shares of the stock are sold short.

BondBloxx USD High Yield Bond Industrial Sector ETF Stock Performance

Shares of BondBloxx USD High Yield Bond Industrial Sector ETF stock remained flat at $37.45 during mid-day trading on Friday. The company has a fifty day simple moving average of $37.53 and a 200-day simple moving average of $37.95. BondBloxx USD High Yield Bond Industrial Sector ETF has a one year low of $37.04 and a one year high of $39.47.

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

Hedge funds have recently made changes to their positions in the company. Partners Wealth Management LLC raised its holdings in shares of BondBloxx USD High Yield Bond Industrial Sector ETF by 127.3% during the fourth quarter. Partners Wealth Management LLC now owns 26,335 shares of the company’s stock valued at $1,006,000 after acquiring an additional 14,751 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of BondBloxx USD High Yield Bond Industrial Sector ETF in the first quarter valued at approximately $493,000. Jane Street Group LLC acquired a new stake in shares of BondBloxx USD High Yield Bond Industrial Sector ETF in the second quarter valued at approximately $373,000. Finally, Concurrent Investment Advisors LLC increased its stake in BondBloxx USD High Yield Bond Industrial Sector ETF by 89.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 27,380 shares of the company’s stock worth $1,046,000 after acquiring an additional 12,931 shares during the last quarter.

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.