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) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 18,761 shares, a decrease of 40.8% from the April 15th total of 31,675 shares. Based on an average daily trading volume, of 20,030 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.6% of the company’s shares are short sold.

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

Shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF stock traded down $0.08 on Friday, hitting $50.90. The stock had a trading volume of 89,598 shares, compared to its average volume of 40,651. The stock has a 50 day moving average of $51.13 and a 200 day moving average of $51.41. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a twelve month low of $50.77 and a twelve month high of $51.83.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Grantvest Financial Group LLC increased its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 3.9% in the third quarter. Grantvest Financial Group LLC now owns 13,076 shares of the company’s stock valued at $676,000 after buying an additional 488 shares during the period. Global Retirement Partners LLC increased its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 71.0% in the fourth quarter. Global Retirement Partners LLC now owns 2,251 shares of the company’s stock valued at $116,000 after buying an additional 935 shares during the period. CWM LLC increased its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 88.5% in the third quarter. CWM LLC now owns 2,679 shares of the company’s stock valued at $139,000 after buying an additional 1,258 shares during the period. Foundations Investment Advisors LLC increased its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 5.4% in the third quarter. Foundations Investment Advisors LLC now owns 29,659 shares of the company’s stock valued at $1,534,000 after buying an additional 1,511 shares during the period. Finally, Diversified Portfolios Inc. increased its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 4.2% in the fourth quarter. Diversified Portfolios Inc. now owns 37,502 shares of the company’s stock valued at $1,931,000 after buying an additional 1,512 shares during the period.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Company Profile

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.