BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Stock Short Interest Report for September

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 16,622 shares, a decrease of 48.2% from the September 15th total of 32,072 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 4,096 shares, the days-to-cover ratio is presently 4.1 days.

Institutional Trading of BondBloxx B Rated USD High Yield Corporate Bond ETF

Hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its holdings in BondBloxx B Rated USD High Yield Corporate Bond ETF by 21.2% in the second quarter. Envestnet Asset Management Inc. now owns 34,854 shares of the company’s stock worth $1,368,000 after purchasing an additional 6,101 shares during the period. Strait & Sound Wealth Management LLC raised its stake in BondBloxx B Rated USD High Yield Corporate Bond ETF by 10.3% during the first quarter. Strait & Sound Wealth Management LLC now owns 49,265 shares of the company’s stock worth $1,919,000 after acquiring an additional 4,607 shares during the period. Finally, Cetera Investment Advisers raised its stake in BondBloxx B Rated USD High Yield Corporate Bond ETF by 5.4% during the first quarter. Cetera Investment Advisers now owns 83,257 shares of the company’s stock worth $3,243,000 after acquiring an additional 4,242 shares during the period.

BondBloxx B Rated USD High Yield Corporate Bond ETF Price Performance

BondBloxx B Rated USD High Yield Corporate Bond ETF stock traded down $0.18 during midday trading on Friday, reaching $37.75. The stock had a trading volume of 2,558 shares, compared to its average volume of 10,050. BondBloxx B Rated USD High Yield Corporate Bond ETF has a twelve month low of $37.68 and a twelve month high of $39.84. The stock’s 50-day simple moving average is $38.66 and its 200 day simple moving average is $38.96.

BondBloxx B Rated USD High Yield Corporate Bond ETF Company Profile

The BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of B (or its equivalent), based on an average of three main credit rating providers. XB was launched on May 24, 2022 and is managed by BondBloxx.