BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (NYSEARCA:XHYC) Short Interest Update

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (NYSEARCA:XHYC) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 689 shares, a drop of 43.0% from the January 29th total of 1,209 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 4,331 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 4,331 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF Stock Performance

XHYC traded down $0.03 during trading on Friday, hitting $37.50. 6 shares of the company’s stock were exchanged, compared to its average volume of 2,880. BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF has a fifty-two week low of $35.22 and a fifty-two week high of $38.44. The business’s 50 day moving average is $37.46 and its two-hundred day moving average is $37.42.

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.1856 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Monday, February 2nd.

Institutional Trading of BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. OLD Mission Capital LLC purchased a new stake in shares of BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF in the fourth quarter worth approximately $649,000. Jane Street Group LLC bought a new stake in BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF during the first quarter worth $695,000. Finally, SoundView Advisors Inc. purchased a new stake in BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF in the 3rd quarter valued at $20,120,000.

About BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

The BondBloxx US High Yield Consumer Cyclicals Sector ETF (XHYC) 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 in the consumer cyclicals sector. XHYC was launched on Feb 15, 2022 and is managed by BondBloxx.