Short Interest in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Increases By 287.9%
by Amy Steele · The Cerbat GemBondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS – Get Free Report) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 7,335 shares, a growth of 287.9% from the December 31st total of 1,891 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 68,069 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 68,069 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are short sold.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Gradient Investments LLC lifted its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 6.9% in the third quarter. Gradient Investments LLC now owns 837,900 shares of the company’s stock worth $43,324,000 after purchasing an additional 53,728 shares during the period. Diversified Portfolios Inc. raised its position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 36.5% during the 2nd quarter. Diversified Portfolios Inc. now owns 31,191 shares of the company’s stock worth $1,603,000 after buying an additional 8,348 shares in the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 2nd quarter worth approximately $25,306,000. Inspire Advisors LLC bought a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the second quarter valued at approximately $386,000. Finally, Strait & Sound Wealth Management LLC increased its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 12.2% during the third quarter. Strait & Sound Wealth Management LLC now owns 94,807 shares of the company’s stock valued at $4,902,000 after acquiring an additional 10,291 shares during the period.
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Trading Down 0.0%
NYSEARCA BBBS traded down $0.01 during trading hours on Wednesday, reaching $51.59. 30,541 shares of the company traded hands, compared to its average volume of 62,719. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 12 month low of $50.02 and a 12 month high of $51.83. The company has a 50 day moving average of $51.54 and a two-hundred day moving average of $51.54.
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Company Profile
The BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) 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 maturing between 1-5 years. BBBS was launched on Jan 25, 2024 and is issued by BondBloxx.