BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Short Interest Down 52.9% in December

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 3,255 shares, a decline of 52.9% from the December 15th total of 6,917 shares. Based on an average trading volume of 9,259 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 9,259 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of BondBloxx USD High Yield Bond Sector Rotation ETF

A number of hedge funds have recently modified their holdings of the stock. MAI Capital Management acquired a new position in BondBloxx USD High Yield Bond Sector Rotation ETF in the 3rd quarter valued at about $29,000. CWM LLC bought a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF during the third quarter worth approximately $32,000. Truist Financial Corp bought a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF during the third quarter worth approximately $154,000. Jane Street Group LLC acquired a new position in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the second quarter valued at approximately $182,000. Finally, Adams Wealth Management increased its stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF by 916.6% during the second quarter. Adams Wealth Management now owns 124,252 shares of the company’s stock worth $1,889,000 after purchasing an additional 112,030 shares during the period.

BondBloxx USD High Yield Bond Sector Rotation ETF Stock Performance

HYSA remained flat at $15.21 during trading hours on Wednesday. The company had a trading volume of 10,061 shares, compared to its average volume of 16,740. The company’s 50 day simple moving average is $15.18 and its 200-day simple moving average is $15.20. BondBloxx USD High Yield Bond Sector Rotation ETF has a twelve month low of $14.17 and a twelve month high of $15.53. The firm has a market cap of $32.25 million, a price-to-earnings ratio of 4.03 and a beta of 0.30.

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.