BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) Short Interest Up 315.2% in April

BondBloxx USD High Yield Bond Industrial Sector ETF (NYSEARCA:XHYI) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 5,618 shares, a growth of 315.2% from the April 15th total of 1,353 shares. Based on an average trading volume of 891 shares, the short-interest ratio is currently 6.3 days. Currently, 1.4% of the company’s shares are sold short.

Hedge Funds Weigh In On BondBloxx USD High Yield Bond Industrial Sector ETF

Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in BondBloxx USD High Yield Bond Industrial Sector ETF in the second quarter worth about $373,000. Partners Wealth Management LLC purchased a new position in BondBloxx USD High Yield Bond Industrial Sector ETF during the 3rd quarter valued at about $446,000. Finally, Concurrent Investment Advisors LLC raised its holdings in shares of BondBloxx USD High Yield Bond Industrial Sector ETF by 89.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 27,380 shares of the company’s stock valued at $1,046,000 after purchasing an additional 12,931 shares in the last quarter.

BondBloxx USD High Yield Bond Industrial Sector ETF Stock Down 0.1%

NYSEARCA:XHYI traded down $0.03 during midday trading on Wednesday, hitting $37.59. The stock had a trading volume of 711 shares, compared to its average volume of 10,076. The stock has a 50-day moving average of $37.59 and a 200 day moving average of $38.01. BondBloxx USD High Yield Bond Industrial Sector ETF has a one year low of $37.04 and a one year high of $39.47.

BondBloxx USD High Yield Bond Industrial Sector ETF Company Profile

The BondBloxx US High Yield Industrial Sector ETF (XHYI) 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 industrial sector. XHYI was launched on Feb 15, 2022 and is managed by BondBloxx.