BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Short Interest Update

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 980 shares, a growth of 851.5% from the March 31st total of 103 shares. Based on an average daily volume of 224 shares, the days-to-cover ratio is currently 4.4 days. Approximately 1.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. AE Wealth Management LLC bought a new stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 861 shares of the company’s stock, valued at approximately $43,000. AE Wealth Management LLC owned about 0.86% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF at the end of the most recent quarter.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Price Performance

Shares of BBBL stock traded up $0.01 during mid-day trading on Friday, hitting $48.01. 184 shares of the company’s stock were exchanged, compared to its average volume of 442. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a fifty-two week low of $45.74 and a fifty-two week high of $50.54. The stock has a 50-day simple moving average of $48.12 and a two-hundred day simple moving average of $48.69.

About BondBloxx BBB Rated 10+ Year Corporate Bond ETF

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.