BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Short Interest Update

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 5,765 shares, a decline of 76.6% from the May 31st total of 24,627 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 24,109 shares, the short-interest ratio is currently 0.2 days.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Price Performance

BBBS stock remained flat at $51.08 during mid-day trading on Monday. 22,002 shares of the company’s stock were exchanged, compared to its average volume of 38,647. The stock has a 50 day simple moving average of $51.03 and a 200-day simple moving average of $51.28. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a one year low of $50.77 and a one year high of $51.83.

Institutional Trading of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans bought a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the fourth quarter valued at approximately $15,824,000. Tanager Wealth Management LLP acquired a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 1st quarter valued at $10,471,000. Lido Advisors LLC bought a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 1st quarter valued at $6,626,000. Royal Bank of Canada bought a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 1st quarter valued at $5,654,000. Finally, Orion Porfolio Solutions LLC grew its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 245.8% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 153,233 shares of the company’s stock worth $7,923,000 after purchasing an additional 108,921 shares during the last quarter.

About BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

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.