BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Short Interest Down 90.9% in December

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 962 shares, a drop of 90.9% from the November 30th total of 10,576 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 14,588 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 14,588 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Performance

Shares of XB stock traded up $0.05 on Wednesday, hitting $39.69. 854 shares of the stock traded hands, compared to its average volume of 4,706. The company’s fifty day moving average is $39.49 and its 200 day moving average is $39.53. BondBloxx B Rated USD High Yield Corporate Bond ETF has a 1-year low of $36.93 and a 1-year high of $40.01.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Cetera Investment Advisers boosted its position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 1.0% during the second quarter. Cetera Investment Advisers now owns 29,318 shares of the company’s stock worth $1,165,000 after buying an additional 279 shares during the period. Nemes Rush Group LLC acquired a new stake in BondBloxx B Rated USD High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $54,000. MGO One Seven LLC raised its stake in BondBloxx B Rated USD High Yield Corporate Bond ETF by 4.2% during the 3rd quarter. MGO One Seven LLC now owns 76,918 shares of the company’s stock valued at $3,063,000 after acquiring an additional 3,073 shares in the last quarter. Finally, Strait & Sound Wealth Management LLC raised its stake in BondBloxx B Rated USD High Yield Corporate Bond ETF by 12.0% during the 3rd quarter. Strait & Sound Wealth Management LLC now owns 38,049 shares of the company’s stock valued at $1,515,000 after acquiring an additional 4,080 shares in the last quarter.

About BondBloxx B Rated USD High Yield Corporate Bond ETF

The BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of B (or its equivalent), based on an average of three main credit rating providers. XB was launched on May 24, 2022 and is managed by BondBloxx.