BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) Short Interest Down 30.6% in January

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 32,867 shares, a decrease of 30.6% from the January 15th total of 47,391 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average daily volume of 57,278 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 57,278 shares, the short-interest ratio is currently 0.6 days. Approximately 0.8% of the company’s stock are sold short.

BondBloxx Private Credit CLO ETF Stock Up 0.2%

BondBloxx Private Credit CLO ETF stock traded up $0.08 during midday trading on Monday, hitting $50.46. 23,879 shares of the stock were exchanged, compared to its average volume of 50,303. BondBloxx Private Credit CLO ETF has a 52-week low of $48.38 and a 52-week high of $52.02. The business’s 50-day moving average price is $50.21 and its 200-day moving average price is $50.34.

BondBloxx Private Credit CLO ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.2648 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Monday, February 2nd.

Institutional Trading of BondBloxx Private Credit CLO ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Lake Street Private Wealth LLC boosted its position in BondBloxx Private Credit CLO ETF by 1.4% in the fourth quarter. Lake Street Private Wealth LLC now owns 14,981 shares of the company’s stock worth $751,000 after purchasing an additional 207 shares during the last quarter. Heck Capital Advisors LLC raised its stake in shares of BondBloxx Private Credit CLO ETF by 9.9% during the 4th quarter. Heck Capital Advisors LLC now owns 5,912 shares of the company’s stock worth $297,000 after purchasing an additional 535 shares during the period. Stratos Investment Management LLC boosted its holdings in shares of BondBloxx Private Credit CLO ETF by 5.1% in the 4th quarter. Stratos Investment Management LLC now owns 12,429 shares of the company’s stock worth $623,000 after buying an additional 599 shares during the last quarter. CWM LLC purchased a new position in shares of BondBloxx Private Credit CLO ETF in the 3rd quarter worth about $34,000. Finally, Avaii Wealth Management LLC grew its position in BondBloxx Private Credit CLO ETF by 18.1% during the fourth quarter. Avaii Wealth Management LLC now owns 5,206 shares of the company’s stock valued at $261,000 after buying an additional 798 shares during the period.

BondBloxx Private Credit CLO ETF Company Profile

The BondBloxx Private Credit CLO ETF (PCMM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that seeks capital preservation and current income. The fund invests in a pool of loans to private, middle market companies PCMM was launched on Dec 2, 2024 and is issued by BondBloxx.