BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Short Interest Update

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 35,001 shares, a growth of 93.6% from the April 15th total of 18,077 shares. Currently, 1.7% of the shares of the stock are sold short. Based on an average daily volume of 14,237 shares, the days-to-cover ratio is currently 2.5 days.

BondBloxx USD High Yield Bond Sector Rotation ETF Stock Performance

NYSEARCA HYSA traded down $0.03 during trading on Friday, reaching $14.87. 34,930 shares of the company traded hands, compared to its average volume of 15,794. The stock’s 50 day moving average price is $14.91 and its two-hundred day moving average price is $15.09. The company has a market cap of $30.19 million, a price-to-earnings ratio of 4.03 and a beta of 0.28. BondBloxx USD High Yield Bond Sector Rotation ETF has a 1-year low of $14.66 and a 1-year high of $15.53.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Kestra Advisory Services LLC bought a new position in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the fourth quarter valued at approximately $30,000. Jane Street Group LLC bought a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF during the 4th quarter valued at $326,000. Kingsview Wealth Management LLC acquired a new position in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the 4th quarter valued at $167,000. CWM LLC lifted its stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF by 307.8% in the 4th quarter. CWM LLC now owns 8,404 shares of the company’s stock valued at $127,000 after purchasing an additional 6,343 shares during the period. Finally, MAI Capital Management bought a new position in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the 3rd quarter worth $29,000.

BondBloxx USD High Yield Bond Sector Rotation ETF Company Profile

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.