BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) Short Interest Down 75.0% in April

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 1,477 shares, a decrease of 75.0% from the April 15th total of 5,911 shares. Based on an average daily trading volume, of 2,212 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the company’s stock are short sold.

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF Trading Down 0.4%

Shares of BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF stock traded down $0.15 during trading hours on Friday, reaching $33.69. 357 shares of the company’s stock were exchanged, compared to its average volume of 14,175. The company has a 50 day moving average of $33.95 and a two-hundred day moving average of $34.39. The stock has a market cap of $16.85 million, a P/E ratio of 4.06 and a beta of 0.45. BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF has a fifty-two week low of $33.55 and a fifty-two week high of $36.47.

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.