BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Short Interest Up 165.7% in June

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 193,339 shares, an increase of 165.7% from the May 31st total of 72,775 shares. Based on an average daily trading volume, of 110,041 shares, the short-interest ratio is currently 1.8 days. Approximately 9.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in HYSA. MAI Capital Management bought a new position in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the third quarter worth $29,000. Kestra Advisory Services LLC bought a new position in BondBloxx USD High Yield Bond Sector Rotation ETF in the 4th quarter worth about $30,000. CWM LLC increased its stake in BondBloxx USD High Yield Bond Sector Rotation ETF by 307.8% in the 4th quarter. CWM LLC now owns 8,404 shares of the company’s stock worth $127,000 after acquiring an additional 6,343 shares during the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the 4th quarter valued at about $167,000. Finally, Jane Street Group LLC purchased a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF in the 2nd quarter valued at about $182,000.

BondBloxx USD High Yield Bond Sector Rotation ETF Trading Down 0.3%

Shares of HYSA stock traded down $0.05 during trading hours on Tuesday, reaching $14.95. The stock had a trading volume of 45,968 shares, compared to its average volume of 31,016. The stock’s fifty day simple moving average is $14.95 and its 200 day simple moving average is $15.03. The firm has a market capitalization of $30.35 million, a PE ratio of 4.03 and a beta of 0.27. BondBloxx USD High Yield Bond Sector Rotation ETF has a 12 month low of $14.66 and a 12 month high of $15.53.

BondBloxx USD High Yield Bond Sector Rotation ETF Company Profile

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.