Short Interest in BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) Grows By 32.7%

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 438 shares, a growth of 32.7% from the January 15th total of 330 shares. Based on an average daily volume of 9,205 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 9,205 shares, the short-interest ratio is currently 0.0 days.

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

NYSEARCA:XHYT traded down $0.03 during mid-day trading on Friday, hitting $34.38. The company had a trading volume of 107 shares, compared to its average volume of 4,704. BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF has a fifty-two week low of $32.85 and a fifty-two week high of $36.47. The firm has a market cap of $51.57 million, a P/E ratio of 4.06 and a beta of 0.49. The business’s fifty day moving average is $34.62 and its two-hundred day moving average is $34.82.

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

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.2124 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date was Monday, February 2nd.

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

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.