BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Sees Large Increase in Short Interest

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 6,453 shares, a growth of 98.2% from the December 31st total of 3,255 shares. Based on an average daily trading volume, of 15,409 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 15,409 shares, the short-interest ratio is presently 0.4 days.

BondBloxx USD High Yield Bond Sector Rotation ETF Trading Up 0.5%

Shares of HYSA stock traded up $0.08 during trading on Friday, hitting $15.24. The company’s stock had a trading volume of 5,516 shares, compared to its average volume of 15,126. The company has a market cap of $32.31 million, a PE ratio of 4.03 and a beta of 0.30. The business has a fifty day moving average of $15.20 and a 200-day moving average of $15.21. BondBloxx USD High Yield Bond Sector Rotation ETF has a 52 week low of $14.17 and a 52 week high of $15.53.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MAI Capital Management purchased a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF during the 3rd quarter worth approximately $29,000. CWM LLC bought a new position in BondBloxx USD High Yield Bond Sector Rotation ETF during the third quarter valued at $32,000. Truist Financial Corp bought a new position in BondBloxx USD High Yield Bond Sector Rotation ETF during the third quarter valued at $154,000. Jane Street Group LLC purchased a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF in the second quarter worth $182,000. Finally, Adams Wealth Management raised its stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF by 916.6% in the second quarter. Adams Wealth Management now owns 124,252 shares of the company’s stock valued at $1,889,000 after buying an additional 112,030 shares during the period.

About BondBloxx USD High Yield Bond Sector Rotation ETF

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.