BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (NYSEARCA:XHYC) Short Interest Down 24.8% in February

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (NYSEARCA:XHYCGet Free Report) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 518 shares, a decline of 24.8% from the February 12th total of 689 shares. Based on an average trading volume of 68 shares, the days-to-cover ratio is presently 7.6 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 68 shares, the days-to-cover ratio is presently 7.6 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new stake in shares of BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF in the 1st quarter valued at approximately $695,000. SoundView Advisors Inc. bought a new position in shares of BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF during the 3rd quarter valued at approximately $20,120,000. Finally, OLD Mission Capital LLC purchased a new stake in BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF during the 4th quarter valued at $649,000.

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF Price Performance

Shares of NYSEARCA:XHYC traded down $0.11 on Friday, hitting $36.81. 107 shares of the company traded hands, compared to its average volume of 7,029. The stock has a 50 day simple moving average of $37.40 and a 200-day simple moving average of $37.40. BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF has a 52 week low of $35.22 and a 52 week high of $38.44.

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.1772 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.8%.

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF Company Profile

(Get Free Report)

The BondBloxx US High Yield Consumer Cyclicals Sector ETF (XHYC) 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 in the consumer cyclicals sector. XHYC was launched on Feb 15, 2022 and is managed by BondBloxx.

See Also

Receive News & Ratings for BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF and related companies with MarketBeat.com's FREE daily email newsletter.