Short Interest in BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (NYSEARCA:XHYC) Declines By 46.8%

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (NYSEARCA:XHYCGet Free Report) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 115 shares, a decline of 46.8% from the March 15th total of 216 shares. Based on an average daily trading volume, of 81 shares, the short-interest ratio is presently 1.4 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On 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 business. OLD Mission Capital LLC acquired a new stake in BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF in the 4th quarter valued at $649,000. Jane Street Group LLC acquired a new stake in BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF in the 1st quarter valued at $695,000. Finally, SoundView Advisors Inc. acquired a new stake in BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF in the 3rd quarter valued at $20,120,000.

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF Stock Performance

XHYC stock remained flat at $36.94 during midday trading on Monday. 5 shares of the company’s stock traded hands, compared to its average volume of 8,403. BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF has a 12-month low of $35.68 and a 12-month high of $38.44. The business has a fifty day moving average price of $37.10 and a two-hundred day moving average price of $37.29.

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.1772 dividend. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date was Monday, March 2nd.

About BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

(Get Free Report)

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.

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