BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) Short Interest Update
by Mitch Edgeman · The Markets DailyBondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI – Get Free Report) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 53,934 shares, an increase of 576.9% from the December 31st total of 7,968 shares. Based on an average daily trading volume, of 100,361 shares, the short-interest ratio is presently 0.5 days. Approximately 2.3% of the shares of the stock are short sold. Approximately 2.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 100,361 shares, the short-interest ratio is presently 0.5 days.
Institutional Trading of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Several institutional investors and hedge funds have recently modified their holdings of the business. Atwood & Palmer Inc. raised its position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 3.3% during the 4th quarter. Atwood & Palmer Inc. now owns 752,065 shares of the company’s stock worth $39,137,000 after purchasing an additional 24,248 shares during the last quarter. CWM LLC increased its position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 72.6% during the fourth quarter. CWM LLC now owns 3,359 shares of the company’s stock worth $175,000 after buying an additional 1,413 shares in the last quarter. Archer Investment Corp raised its holdings in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 21.2% in the third quarter. Archer Investment Corp now owns 2,173 shares of the company’s stock worth $114,000 after acquiring an additional 380 shares during the last quarter. MGO One Seven LLC purchased a new stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the third quarter valued at $605,000. Finally, Bank of America Corp DE acquired a new stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF during the second quarter valued at $30,000.
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Stock Performance
BBBI stock traded down $0.02 during midday trading on Wednesday, hitting $52.17. 35,069 shares of the stock were exchanged, compared to its average volume of 79,032. The stock’s 50-day moving average price is $52.16 and its 200-day moving average price is $52.04. The stock has a market cap of $122.60 million, a price-to-earnings ratio of 25.98 and a beta of 0.21. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF has a fifty-two week low of $48.91 and a fifty-two week high of $52.73.
About BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
The BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) 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 5-10 years. BBBI was launched on Jan 25, 2024 and is issued by BondBloxx.