BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Short Interest Update

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 72,775 shares, an increase of 393.0% from the May 14th total of 14,762 shares. Based on an average daily trading volume, of 29,943 shares, the short-interest ratio is currently 2.4 days. Approximately 3.6% of the shares of the company are sold short.

BondBloxx USD High Yield Bond Sector Rotation ETF Price Performance

NYSEARCA:HYSA opened at $14.92 on Thursday. The firm’s fifty day moving average price is $14.94 and its 200 day moving average price is $15.06. BondBloxx USD High Yield Bond Sector Rotation ETF has a 1-year low of $14.66 and a 1-year high of $15.53. The firm has a market cap of $30.29 million, a price-to-earnings ratio of 4.03 and a beta of 0.27.

Hedge Funds Weigh In On BondBloxx USD High Yield Bond Sector Rotation ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of HYSA. MAI Capital Management purchased a new position in BondBloxx USD High Yield Bond Sector Rotation ETF in the 3rd quarter valued at $29,000. Kestra Advisory Services LLC purchased a new position in BondBloxx USD High Yield Bond Sector Rotation ETF in the 4th quarter valued at $30,000. CWM LLC grew its position 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 valued at $127,000 after buying an additional 6,343 shares during the last quarter. Truist Financial Corp purchased a new position in BondBloxx USD High Yield Bond Sector Rotation ETF in the 3rd quarter valued at $154,000. Finally, Kingsview Wealth Management LLC purchased a new position in BondBloxx USD High Yield Bond Sector Rotation ETF in the 4th quarter valued at $167,000.

About BondBloxx USD High Yield Bond Sector Rotation ETF

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.