BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF (NYSEARCA:XHYD) Short Interest Update

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF (NYSEARCA:XHYD) was the target of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 4,226 shares, a drop of 70.6% from the February 12th total of 14,374 shares. Based on an average trading volume of 1,722 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.7% of the shares of the stock are short sold. Approximately 0.7% of the shares of the stock are short sold. Based on an average trading volume of 1,722 shares, the days-to-cover ratio is currently 2.5 days.

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF Stock Performance

XHYD traded down $0.01 during trading on Thursday, reaching $38.25. The stock had a trading volume of 3,839 shares, compared to its average volume of 6,709. The stock has a 50 day moving average of $38.52 and a two-hundred day moving average of $38.44. BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF has a 1-year low of $36.33 and a 1-year high of $40.10.

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.1578 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.0%.

About BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF

The BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) 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 non-cyclicals sector. XHYD was launched on Feb 15, 2022 and is managed by BondBloxx.