BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) Short Interest Update

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 24,230 shares, a decline of 19.2% from the February 12th total of 29,991 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 35,805 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 35,805 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the company’s stock are short sold.

BondBloxx Private Credit CLO ETF Stock Performance

PCMM traded up $0.15 on Monday, reaching $49.51. The company’s stock had a trading volume of 18,681 shares, compared to its average volume of 42,606. BondBloxx Private Credit CLO ETF has a fifty-two week low of $48.38 and a fifty-two week high of $52.02. The stock has a 50 day moving average of $50.17 and a two-hundred day moving average of $50.26.

BondBloxx Private Credit CLO ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.2317 dividend. The ex-dividend date was Monday, March 2nd.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. CWM LLC purchased a new stake in BondBloxx Private Credit CLO ETF in the third quarter valued at $34,000. Royal Bank of Canada purchased a new position in shares of BondBloxx Private Credit CLO ETF during the fourth quarter worth about $64,000. Wealth Preservation Advisors LLC purchased a new position in shares of BondBloxx Private Credit CLO ETF during the fourth quarter worth about $70,000. Bulwark Capital Corp acquired a new stake in shares of BondBloxx Private Credit CLO ETF during the third quarter worth about $116,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in shares of BondBloxx Private Credit CLO ETF during the second quarter worth about $173,000.

BondBloxx Private Credit CLO ETF Company Profile

The BondBloxx Private Credit CLO ETF (PCMM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that seeks capital preservation and current income. The fund invests in a pool of loans to private, middle market companies PCMM was launched on Dec 2, 2024 and is issued by BondBloxx.