BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Short Interest Up 149.9% in February

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 12,094 shares, an increase of 149.9% from the January 29th total of 4,839 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 14,685 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 14,685 shares, the short-interest ratio is currently 0.8 days. Approximately 0.6% of the shares of the company are short sold.

BondBloxx USD High Yield Bond Sector Rotation ETF Trading Up 0.4%

HYSA stock traded up $0.06 during midday trading on Friday, hitting $15.25. The stock had a trading volume of 51,733 shares, compared to its average volume of 15,809. BondBloxx USD High Yield Bond Sector Rotation ETF has a 52 week low of $14.17 and a 52 week high of $15.53. The stock has a 50-day simple moving average of $15.19 and a 200 day simple moving average of $15.21. The firm has a market capitalization of $31.57 million, a price-to-earnings ratio of 4.03 and a beta of 0.30.

BondBloxx USD High Yield Bond Sector Rotation ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.0822 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Trading of BondBloxx USD High Yield Bond Sector Rotation ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new position in BondBloxx USD High Yield Bond Sector Rotation ETF during the second quarter worth about $182,000. Adams Wealth Management grew its stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF by 916.6% in the 2nd quarter. Adams Wealth Management now owns 124,252 shares of the company’s stock valued at $1,889,000 after purchasing an additional 112,030 shares during the period. CacheTech Inc. raised its holdings in shares of BondBloxx USD High Yield Bond Sector Rotation ETF by 1,019.6% in the 2nd quarter. CacheTech Inc. now owns 136,837 shares of the company’s stock worth $2,080,000 after buying an additional 124,615 shares in the last quarter. CWM LLC bought a new position in shares of BondBloxx USD High Yield Bond Sector Rotation ETF during the 3rd quarter worth approximately $32,000. Finally, Truist Financial Corp bought a new position in shares of BondBloxx USD High Yield Bond Sector Rotation ETF during the 3rd quarter worth approximately $154,000.

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.