BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Sees Large Drop in Short Interest

by · The Cerbat Gem

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA – Get Free Report) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 3,255 shares, a drop of 52.9% from the December 15th total of 6,917 shares. Based on an average trading volume of 9,259 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 9,259 shares, the short-interest ratio is currently 0.4 days.

BondBloxx USD High Yield Bond Sector Rotation ETF Stock Performance

Shares of HYSA remained flat at $15.21 during midday trading on Wednesday. The company’s stock had a trading volume of 10,061 shares, compared to its average volume of 16,740. The firm has a market capitalization of $32.25 million, a price-to-earnings ratio of 4.03 and a beta of 0.30. The firm has a fifty day moving average of $15.18 and a 200 day moving average of $15.20. BondBloxx USD High Yield Bond Sector Rotation ETF has a 1 year low of $14.17 and a 1 year high of $15.53.

Institutional Investors Weigh In On BondBloxx USD High Yield Bond Sector Rotation ETF

Several institutional investors have recently bought and sold shares of the company. MAI Capital Management acquired a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the third quarter valued at approximately $29,000. CWM LLC bought a new position in BondBloxx USD High Yield Bond Sector Rotation ETF in the third quarter valued at $32,000. Truist Financial Corp acquired a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF in the 3rd quarter valued at $154,000. Jane Street Group LLC acquired a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF in the 2nd quarter valued at $182,000. Finally, Adams Wealth Management lifted its position in BondBloxx USD High Yield Bond Sector Rotation ETF by 916.6% during the 2nd quarter. Adams Wealth Management now owns 124,252 shares of the company’s stock worth $1,889,000 after buying an additional 112,030 shares in the last quarter.

About BondBloxx USD High Yield Bond Sector Rotation ETF

(Get Free Report)

The BondBloxx USD High Yield Bond Sector Rotation ETF (HYSA) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund-of-funds that invests in its own suite of fixed-income products specializing in high-yield USD-denominated corporate bonds. It offers diversified sector exposure and no bond maturity limitations. HYSA was launched on Sep 18, 2023 and is issued by BondBloxx.

Featured Articles