BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) Stock Short Interest Declines 62.8%

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 111 shares, a decline of 62.8% from the September 30th total of 298 shares. Based on an average daily volume of 51,192 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Stock Performance

Shares of NYSEARCA BBBI traded up $0.09 during trading on Friday, hitting $49.45. The company had a trading volume of 24,125 shares, compared to its average volume of 29,056. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF has a 12 month low of $48.32 and a 12 month high of $52.74. The firm has a market capitalization of $126.10 million, a P/E ratio of 24.63 and a beta of 0.19. The stock has a 50 day simple moving average of $49.45 and a 200 day simple moving average of $50.97.

Hedge Funds Weigh In On BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in the company. S&A Financial Services Inc. purchased a new stake in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the 1st quarter worth $235,000. Herold Advisors Inc. boosted its holdings in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 15.5% during the 3rd quarter. Herold Advisors Inc. now owns 30,192 shares of the company’s stock valued at $1,471,000 after purchasing an additional 4,057 shares during the last quarter. DUTCH ASSET Corp purchased a new position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF during the third quarter valued at about $2,250,000. Cetera Investment Advisers grew its position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 10.0% during the first quarter. Cetera Investment Advisers now owns 74,493 shares of the company’s stock valued at $3,831,000 after purchasing an additional 6,792 shares in the last quarter. Finally, Atwood & Palmer Inc. increased its holdings in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 1.8% in the second quarter. Atwood & Palmer Inc. now owns 785,064 shares of the company’s stock worth $40,369,000 after purchasing an additional 14,244 shares during the last quarter.

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.