Short Interest in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Increases By 58.6%

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,640 shares, an increase of 58.6% from the July 15th total of 1,034 shares. Based on an average trading volume of 3,061 shares, the days-to-cover ratio is presently 0.5 days. Currently, 1.1% of the shares of the company are short sold.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Price Performance

Shares of BBBL stock opened at $46.18 on Thursday. The stock has a 50 day simple moving average of $46.95 and a 200-day simple moving average of $47.63. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 12-month low of $45.54 and a 12-month high of $50.54.

Hedge Funds Weigh In On BondBloxx BBB Rated 10+ Year Corporate Bond ETF

An institutional investor recently raised its stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Jane Street Group LLC increased its stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) by 107.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,558 shares of the company’s stock after purchasing an additional 14,813 shares during the quarter. Jane Street Group LLC owned 19.04% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF worth $1,382,000 at the end of the most recent quarter.

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.