BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) Sees Large Growth in Short Interest

BondBloxx USD High Yield Bond Sector Rotation ETF (NYSEARCA:HYSA) saw a significant increase in short interest in 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. Currently, 9.5% of the shares of the company are sold short. Based on an average trading volume of 110,041 shares, the short-interest ratio is currently 1.8 days.

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

Several large investors have recently made changes to their positions in the business. MAI Capital Management bought a new stake in shares of BondBloxx USD High Yield Bond Sector Rotation ETF during the 3rd quarter worth $29,000. Kestra Advisory Services LLC bought a new position in BondBloxx USD High Yield Bond Sector Rotation ETF during the fourth quarter valued at about $30,000. CWM LLC increased its holdings in BondBloxx USD High Yield Bond Sector Rotation ETF by 307.8% during the fourth quarter. CWM LLC now owns 8,404 shares of the company’s stock worth $127,000 after buying an additional 6,343 shares during the last quarter. Kingsview Wealth Management LLC purchased a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF during the fourth quarter worth about $167,000. Finally, Jane Street Group LLC bought a new stake in BondBloxx USD High Yield Bond Sector Rotation ETF in the second quarter worth about $182,000.

BondBloxx USD High Yield Bond Sector Rotation ETF Stock Performance

Shares of HYSA opened at $14.96 on Monday. The company has a market capitalization of $30.37 million, a price-to-earnings ratio of 4.03 and a beta of 0.27. The stock has a 50 day moving average of $14.95 and a 200 day moving average of $15.03. 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.