BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) Short Interest Update

BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 878 shares, an increase of 698.2% from the January 29th total of 110 shares. Based on an average trading volume of 2,665 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 2,665 shares, the short-interest ratio is currently 0.3 days.

BondBloxx USD High Yield Bond Industrial Sector ETF Trading Down 0.1%

Shares of XHYI stock traded down $0.03 during trading hours on Thursday, reaching $38.23. The company’s stock had a trading volume of 781 shares, compared to its average volume of 3,348. BondBloxx USD High Yield Bond Industrial Sector ETF has a fifty-two week low of $35.58 and a fifty-two week high of $39.47. The firm’s 50 day simple moving average is $38.31 and its 200-day simple moving average is $38.28.

BondBloxx USD High Yield Bond Industrial Sector ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.2099 dividend. The ex-dividend date was Monday, February 2nd. This is a positive change 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%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC purchased a new position in BondBloxx USD High Yield Bond Industrial Sector ETF during the second quarter worth about $373,000. Partners Wealth Management LLC bought a new stake in BondBloxx USD High Yield Bond Industrial Sector ETF in the 3rd quarter valued at about $446,000. Finally, Concurrent Investment Advisors LLC lifted its stake in shares of BondBloxx USD High Yield Bond Industrial Sector ETF by 89.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 27,380 shares of the company’s stock valued at $1,046,000 after buying 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.