BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) Short Interest Down 92.3% in May

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 114 shares, a drop of 92.3% from the April 30th total of 1,477 shares. Based on an average trading volume of 16,159 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF Price Performance

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF stock remained flat at $33.69 during midday trading on Thursday. BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF has a twelve month low of $33.55 and a twelve month high of $36.47. The company has a market cap of $16.85 million, a PE ratio of 4.06 and a beta of -0.39. The business’s 50 day simple moving average is $33.90 and its 200-day simple moving average is $34.31.

About BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

The BondBloxx US High Yield Telecom Media Technology Sector ETF (XHYT) 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 telecommunications, media, and technology sectors. XHYT was launched on Feb 15, 2022 and is managed by BondBloxx.