Short Interest in BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) Decreases By 52.8%

BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 535 shares, a decrease of 52.8% from the February 26th total of 1,133 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 27,008 shares, the days-to-cover ratio is currently 0.0 days.

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

A number of institutional investors have recently modified their holdings of XHYI. Jane Street Group LLC bought a new position in shares of 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 third quarter valued at about $446,000. Finally, Concurrent Investment Advisors LLC increased its holdings in BondBloxx USD High Yield Bond Industrial Sector ETF by 89.5% in the fourth 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 during the last quarter.

BondBloxx USD High Yield Bond Industrial Sector ETF Stock Down 0.6%

Shares of NYSEARCA:XHYI traded down $0.23 during midday trading on Thursday, reaching $37.20. The company had a trading volume of 1,571 shares, compared to its average volume of 7,336. The stock’s fifty day moving average price is $38.06 and its 200-day moving average price is $38.20. BondBloxx USD High Yield Bond Industrial Sector ETF has a one year low of $35.58 and a one year high of $39.47.

BondBloxx USD High Yield Bond Industrial Sector ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1749 per share. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Monday, March 2nd.

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.