BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Short Interest Update

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 102,135 shares, a drop of 47.2% from the June 15th total of 193,339 shares. Based on an average trading volume of 91,090 shares, the short-interest ratio is presently 1.1 days. Currently, 2.7% of the company’s shares are short sold.

BondBloxx USD High Yield Bond Sector Rotation ETF Stock Up 0.1%

NYSEARCA HYSA traded up $0.01 during trading hours on Wednesday, hitting $14.89. 19,435 shares of the company were exchanged, compared to its average volume of 37,312. The stock has a 50-day moving average price of $14.93 and a 200 day moving average price of $15.01. BondBloxx USD High Yield Bond Sector Rotation ETF has a 52 week low of $14.66 and a 52 week high of $15.53. The stock has a market cap of $64.18 million, a PE ratio of 4.03 and a beta of 0.26.

Institutional Trading of BondBloxx USD High Yield Bond Sector Rotation ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC purchased a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF in the 4th quarter worth about $30,000. CWM LLC grew its stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF by 307.8% during the fourth quarter. CWM LLC now owns 8,404 shares of the company’s stock valued at $127,000 after buying an additional 6,343 shares during the last quarter. Kingsview Wealth Management LLC bought a new position in shares of BondBloxx USD High Yield Bond Sector Rotation ETF during the fourth quarter valued at approximately $167,000. Finally, Jane Street Group LLC purchased a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the second quarter worth approximately $182,000.

BondBloxx USD High Yield Bond Sector Rotation ETF Company Profile

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.