BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) Short Interest Down 17.7% in January

BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 116 shares, a decline of 17.7% from the December 31st total of 141 shares. Based on an average daily volume of 4,012 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 4,012 shares, the days-to-cover ratio is presently 0.0 days.

BondBloxx USD High Yield Bond Industrial Sector ETF Stock Performance

NYSEARCA:XHYI traded down $0.23 during trading hours on Monday, reaching $38.17. The company’s stock had a trading volume of 429 shares, compared to its average volume of 4,653. The stock has a 50 day moving average price of $38.29 and a two-hundred day moving average price of $38.28. 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 will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be issued a $0.2099 dividend. This is a boost from BondBloxx USD High Yield Bond Industrial Sector ETF’s previous monthly dividend of $0.21. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Monday, February 2nd.

Institutional Trading of BondBloxx USD High Yield Bond Industrial Sector ETF

Institutional investors have recently modified their holdings of the company. Jane Street Group LLC bought a new position in shares of BondBloxx USD High Yield Bond Industrial Sector ETF during the 2nd quarter worth approximately $373,000. Partners Wealth Management LLC purchased a new position in BondBloxx USD High Yield Bond Industrial Sector ETF in the third quarter worth $446,000. Finally, Concurrent Investment Advisors LLC increased its position in shares of BondBloxx USD High Yield Bond Industrial Sector ETF by 89.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 27,380 shares of the company’s stock worth $1,046,000 after purchasing an additional 12,931 shares in the last quarter.

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.