BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) Short Interest Update

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 17,367 shares, a drop of 67.8% from the January 15th total of 53,934 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 46,718 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 46,718 shares, the short-interest ratio is presently 0.4 days. Currently, 0.7% of the shares of the stock are short sold.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Trading Down 0.1%

Shares of NYSEARCA:BBBI traded down $0.07 during midday trading on Wednesday, reaching $52.21. 17,859 shares of the company were exchanged, compared to its average volume of 63,045. The stock has a market cap of $133.14 million, a PE ratio of 26.00 and a beta of 0.21. The business’s fifty day moving average is $52.14 and its two-hundred day moving average is $52.10. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF has a one year low of $48.91 and a one year high of $52.73.

Institutional Investors Weigh In On BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in the company. Bank of America Corp DE bought a new position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF during the second quarter valued at approximately $30,000. Global Retirement Partners LLC raised its holdings in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 115.1% during the 4th quarter. Global Retirement Partners LLC now owns 1,099 shares of the company’s stock worth $57,000 after acquiring an additional 588 shares in the last quarter. CWM LLC purchased a new stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF during the 2nd quarter worth approximately $74,000. Archer Investment Corp boosted its position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 21.2% during the 3rd quarter. Archer Investment Corp now owns 2,173 shares of the company’s stock valued at $114,000 after acquiring an additional 380 shares during the last quarter. Finally, MGO One Seven LLC purchased a new position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the third quarter valued at $605,000.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Company Profile

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.