BondBloxx USD High Yield Bond Financial & REIT Sector ETF (NYSEARCA:XHYF) Sees Significant Decrease in Short Interest

BondBloxx USD High Yield Bond Financial & REIT Sector ETF (NYSEARCA:XHYF) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 82 shares, a decline of 96.9% from the April 30th total of 2,617 shares. Based on an average trading volume of 9,259 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

BondBloxx USD High Yield Bond Financial & REIT Sector ETF Stock Performance

Shares of NYSEARCA XHYF remained flat at $37.00 during mid-day trading on Thursday. BondBloxx USD High Yield Bond Financial & REIT Sector ETF has a fifty-two week low of $36.49 and a fifty-two week high of $39.85. The stock has a market cap of $10.36 million, a price-to-earnings ratio of 60.32 and a beta of 0.39. The stock has a 50-day simple moving average of $37.04 and a 200 day simple moving average of $37.54.

Hedge Funds Weigh In On BondBloxx USD High Yield Bond Financial & REIT Sector ETF

Hedge funds have recently modified their holdings of the stock. Partners Wealth Management LLC increased its stake in shares of BondBloxx USD High Yield Bond Financial & REIT Sector ETF by 2.3% in the first quarter. Partners Wealth Management LLC now owns 22,087 shares of the company’s stock worth $814,000 after acquiring an additional 492 shares during the last quarter. Global Assets Advisory LLC acquired a new position in shares of BondBloxx USD High Yield Bond Financial & REIT Sector ETF in the first quarter worth $1,001,000. Concurrent Investment Advisors LLC increased its stake in shares of BondBloxx USD High Yield Bond Financial & REIT Sector ETF by 87.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 27,374 shares of the company’s stock worth $1,037,000 after acquiring an additional 12,796 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new position in shares of BondBloxx USD High Yield Bond Financial & REIT Sector ETF in the first quarter worth $1,140,000.

BondBloxx USD High Yield Bond Financial & REIT Sector ETF Company Profile

The BondBloxx US High Yield Financial & REIT Sector ETF (XHYF) 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 financial and REIT sector. XHYF was launched on Feb 15, 2022 and is managed by BondBloxx.