BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) Short Interest Up 32.7% in January

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 438 shares, an increase of 32.7% from the January 15th total of 330 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 9,205 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 9,205 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF Price Performance

NYSEARCA:XHYT traded down $0.03 during trading hours on Friday, reaching $34.38. 107 shares of the stock were exchanged, compared to its average volume of 4,704. The stock has a market cap of $51.57 million, a PE ratio of 4.06 and a beta of 0.49. BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF has a twelve month low of $32.85 and a twelve month high of $36.47. The firm has a 50 day moving average of $34.62 and a 200 day moving average of $34.82.

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.2124 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 7.4%.

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.