BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) Sees Large Decline in Short Interest

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

Hedge Funds Weigh In On BondBloxx USD High Yield Bond Industrial Sector ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Concurrent Investment Advisors LLC bought a new stake in BondBloxx USD High Yield Bond Industrial Sector ETF in the 2nd quarter valued at $651,000. Jane Street Group LLC bought a new stake in shares of BondBloxx USD High Yield Bond Industrial Sector ETF in the second quarter valued at about $373,000. Finally, Partners Wealth Management LLC bought a new stake in shares of BondBloxx USD High Yield Bond Industrial Sector ETF in the third quarter valued at about $446,000.

BondBloxx USD High Yield Bond Industrial Sector ETF Price Performance

Shares of NYSEARCA:XHYI traded up $0.03 on Tuesday, reaching $38.39. The company had a trading volume of 624 shares, compared to its average volume of 3,465. The stock has a 50-day moving average price of $38.18 and a 200 day moving average price of $38.25. BondBloxx USD High Yield Bond Industrial Sector ETF has a twelve month low of $35.58 and a twelve month high of $39.47.

BondBloxx USD High Yield Bond Industrial Sector ETF Increases Dividend

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

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.