Short Interest in BondBloxx USD High Yield Bond Healthcare Sector ETF (NYSEARCA:XHYH) Drops By 89.7%

BondBloxx USD High Yield Bond Healthcare Sector ETF (NYSEARCA:XHYH) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 123 shares, a drop of 89.7% from the April 15th total of 1,191 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,171 shares, the short-interest ratio is currently 0.1 days.

BondBloxx USD High Yield Bond Healthcare Sector ETF Stock Down 0.1%

Shares of BondBloxx USD High Yield Bond Healthcare Sector ETF stock traded down $0.02 during trading hours on Wednesday, hitting $35.40. 1,517 shares of the company’s stock traded hands, compared to its average volume of 8,347. The stock has a 50 day simple moving average of $35.31 and a 200-day simple moving average of $35.64. BondBloxx USD High Yield Bond Healthcare Sector ETF has a twelve month low of $34.71 and a twelve month high of $37.21.

Institutional Trading of BondBloxx USD High Yield Bond Healthcare Sector ETF

A hedge fund recently raised its stake in BondBloxx USD High Yield Bond Healthcare Sector ETF stock. WESPAC Advisors SoCal LLC grew its holdings in shares of BondBloxx USD High Yield Bond Healthcare Sector ETF (NYSEARCA:XHYH) by 3.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78,106 shares of the company’s stock after acquiring an additional 2,373 shares during the period. WESPAC Advisors SoCal LLC owned about 11.49% of BondBloxx USD High Yield Bond Healthcare Sector ETF worth $2,788,000 as of its most recent SEC filing.

About BondBloxx USD High Yield Bond Healthcare Sector ETF

The BondBloxx US High Yield Healthcare Sector ETF (XHYH) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of USD-denominated corporate bonds from the healthcare sector. Selected bonds are below investment grade with varying maturities. XHYH was launched on Feb 15, 2022 and is managed by BondBloxx.