BondBloxx USD High Yield Bond Financial & REIT Sector ETF (NYSEARCA:XHYF) Short Interest Update

BondBloxx USD High Yield Bond Financial & REIT Sector ETF (NYSEARCA:XHYF) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 82 shares, a decrease of 96.9% from the April 30th total of 2,617 shares. Based on an average trading volume of 9,259 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of BondBloxx USD High Yield Bond Financial & REIT Sector ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Partners Wealth Management LLC raised its position in BondBloxx USD High Yield Bond Financial & REIT Sector ETF by 2.3% in the first quarter. Partners Wealth Management LLC now owns 22,087 shares of the company’s stock valued at $814,000 after purchasing an additional 492 shares during the period. Global Assets Advisory LLC purchased a new stake in BondBloxx USD High Yield Bond Financial & REIT Sector ETF in the first quarter valued at approximately $1,001,000. Concurrent Investment Advisors LLC raised its position in BondBloxx USD High Yield Bond Financial & REIT Sector ETF by 87.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 27,374 shares of the company’s stock valued at $1,037,000 after purchasing an additional 12,796 shares during the period. Finally, Cetera Investment Advisers purchased a new stake in BondBloxx USD High Yield Bond Financial & REIT Sector ETF in the first quarter valued at approximately $1,140,000.

BondBloxx USD High Yield Bond Financial & REIT Sector ETF Stock Performance

XHYF remained flat at $37.00 during trading hours on Wednesday. BondBloxx USD High Yield Bond Financial & REIT Sector ETF has a 12 month low of $36.49 and a 12 month high of $39.85. The stock has a market cap of $10.36 million, a P/E ratio of 60.32 and a beta of 0.39. The business’s 50 day simple moving average is $37.04 and its two-hundred day simple moving average is $37.54.

About BondBloxx USD High Yield Bond Financial & REIT Sector ETF

The BondBloxx US High Yield Financial & REIT Sector ETF (XHYF) 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 financial and REIT sector. XHYF was launched on Feb 15, 2022 and is managed by BondBloxx.