BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Stock Short Interest Falls 78.8%

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) saw a large decrease in short interest in October. As of October 30th, there was short interest totaling 656 shares, a decrease of 78.8% from the October 15th total of 3,096 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 965 shares, the days-to-cover ratio is currently 0.7 days.

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

An institutional investor recently bought a new position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Citadel Advisors LLC bought a new position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 38,992 shares of the company’s stock, valued at approximately $1,872,000. Citadel Advisors LLC owned about 25.99% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF at the end of the most recent reporting period.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Stock Performance

BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock traded down $0.30 during midday trading on Thursday, reaching $44.48. The stock had a trading volume of 718 shares, compared to its average volume of 874. The company has a fifty day moving average price of $44.73 and a two-hundred day moving average price of $46.84. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 12 month low of $43.42 and a 12 month high of $49.56.

About BondBloxx BBB Rated 10+ Year Corporate Bond ETF

The BondBloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) 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 with at least 10 years remaining in maturity. BBBL was launched on Jan 25, 2024 and is issued by BondBloxx.