BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Short Interest Update

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 7,335 shares, a growth of 287.9% from the December 31st total of 1,891 shares. Based on an average daily volume of 68,069 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 68,069 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

Several institutional investors have recently made changes to their positions in BBBS. Global Retirement Partners LLC lifted its holdings in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 58.7% in the 3rd quarter. Global Retirement Partners LLC now owns 1,316 shares of the company’s stock valued at $68,000 after buying an additional 487 shares during the period. CWM LLC acquired a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 2nd quarter worth approximately $73,000. Nemes Rush Group LLC purchased a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 3rd quarter valued at approximately $131,000. Envestnet Asset Management Inc. acquired a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 3rd quarter valued at about $203,000. Finally, Inspire Advisors LLC purchased a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the second quarter valued at $386,000.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Up 0.1%

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF stock traded up $0.05 during mid-day trading on Friday, reaching $51.67. 11,197 shares of the stock traded hands, compared to its average volume of 58,654. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 12-month low of $50.02 and a 12-month high of $51.83. The business’s 50-day moving average is $51.54 and its 200-day moving average is $51.54.

About BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

The BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of BBB-rated, USD-denominated corporate bonds maturing between 1-5 years. BBBS was launched on Jan 25, 2024 and is issued by BondBloxx.