BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) Short Interest Down 76.8% in December

BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totaling 141 shares, a drop of 76.8% from the December 15th total of 608 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 678 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 678 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

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

XHYI stock traded up $0.11 during mid-day trading on Thursday, hitting $38.39. 244 shares of the stock were exchanged, compared to its average volume of 3,994. The business has a fifty day moving average price of $38.19 and a 200 day moving average price of $38.25. BondBloxx USD High Yield Bond Industrial Sector ETF has a 12 month low of $35.58 and a 12 month high of $39.47.

BondBloxx USD High Yield Bond Industrial Sector ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a $0.2059 dividend. This is an increase from BondBloxx USD High Yield Bond Industrial Sector ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend was Monday, November 3rd.

Institutional Investors Weigh In On BondBloxx USD High Yield Bond Industrial Sector ETF

A number of institutional investors have recently made changes to their positions in the business. Concurrent Investment Advisors LLC bought a new position in shares of BondBloxx USD High Yield Bond Industrial Sector ETF during the 2nd quarter valued at $651,000. Partners Wealth Management LLC purchased a new position in shares of BondBloxx USD High Yield Bond Industrial Sector ETF in the third quarter worth about $446,000. Finally, Jane Street Group LLC bought a new stake in shares of BondBloxx USD High Yield Bond Industrial Sector ETF in the 2nd quarter valued at about $373,000.

About BondBloxx USD High Yield Bond Industrial Sector ETF

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.