BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) Sees Large Increase in Short Interest

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (NYSEARCA:XHYT) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 330 shares, a growth of 478.9% from the December 31st total of 57 shares. Based on an average daily trading volume, of 3,595 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,595 shares, the short-interest ratio is presently 0.1 days.

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF Price Performance

Shares of NYSEARCA XHYT opened at $34.74 on Wednesday. The stock has a market capitalization of $52.11 million, a PE ratio of 4.06 and a beta of 0.49. The business’s fifty day moving average price is $34.69 and its 200-day moving average price is $34.86. BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF has a one year low of $32.85 and a one year high of $36.47.

About BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

The BondBloxx US High Yield Telecom Media Technology Sector ETF (XHYT) 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 classified under the telecommunications, media, and technology sectors. XHYT was launched on Feb 15, 2022 and is managed by BondBloxx.