BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Sees Significant Decline in Short Interest
by Renee Jackson · The Cerbat GemBondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL – Get Free Report) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totaling 103 shares, a decrease of 58.6% from the March 15th total of 249 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 771 shares, the short-interest ratio is currently 0.1 days.
BondBloxx BBB Rated 10+ Year Corporate Bond ETF Stock Down 0.4%
NYSEARCA BBBL traded down $0.17 on Friday, hitting $47.69. 282 shares of the company were exchanged, compared to its average volume of 473. The firm has a 50 day moving average of $48.21 and a two-hundred day moving average of $48.77. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 1-year low of $45.74 and a 1-year high of $50.54.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Jane Street Group LLC raised its holdings in shares of BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL – Free Report) by 63.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,403 shares of the company’s stock after purchasing an additional 18,398 shares during the period. Jane Street Group LLC owned 47.40% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF worth $2,290,000 as of its most recent filing with the Securities and Exchange Commission.
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.