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 increase in short interest during the month of April. As of April 30th, there was short interest totaling 5,618 shares, an increase of 315.2% from the April 15th total of 1,353 shares. Approximately 1.4% of the shares of the stock are sold short. Based on an average trading volume of 891 shares, the short-interest ratio is presently 6.3 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Cetera Investment Advisers acquired a new position in shares of BondBloxx USD High Yield Bond Industrial Sector ETF in the 1st quarter valued at about $493,000. Partners Wealth Management LLC lifted its stake in shares of BondBloxx USD High Yield Bond Industrial Sector ETF by 6.2% in the 1st quarter. Partners Wealth Management LLC now owns 27,972 shares of the company’s stock valued at $1,046,000 after purchasing an additional 1,637 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of BondBloxx USD High Yield Bond Industrial Sector ETF by 89.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 27,380 shares of the company’s stock valued at $1,046,000 after purchasing an additional 12,931 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of BondBloxx USD High Yield Bond Industrial Sector ETF in the 2nd quarter valued at about $373,000.

BondBloxx USD High Yield Bond Industrial Sector ETF Stock Up 0.3%

NYSEARCA:XHYI traded up $0.11 during mid-day trading on Thursday, reaching $37.58. The company’s stock had a trading volume of 191 shares, compared to its average volume of 9,866. The company’s fifty day simple moving average is $37.58 and its two-hundred day simple moving average is $38.00. BondBloxx USD High Yield Bond Industrial Sector ETF has a twelve month low of $37.04 and a twelve month high of $39.47.

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.