BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Short Interest Down 44.0% in August

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 919 shares, a drop of 44.0% from the July 30th total of 1,640 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 1,049 shares, the short-interest ratio is currently 0.9 days.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Stock Down 0.3%

Shares of BBBL traded down $0.14 during trading hours on Friday, reaching $46.22. 597 shares of the stock traded hands, compared to its average volume of 853. The company’s 50-day moving average price is $46.68 and its two-hundred day moving average price is $47.51. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 52-week low of $45.54 and a 52-week high of $50.54.

Institutional Trading of BondBloxx BBB Rated 10+ Year Corporate Bond ETF

A hedge fund recently bought a new stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Markowski Investments purchased a new position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,048 shares of the company’s stock, valued at approximately $50,000. Markowski Investments owned 0.70% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF at the end of the most recent reporting period.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Company Profile

The BondBloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) 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 with at least 10 years remaining in maturity. BBBL was launched on Jan 25, 2024 and is issued by BondBloxx.