BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Sees Large Increase in Short Interest

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 11,000 shares, a growth of 292.9% from the September 30th total of 2,800 shares. Currently, 1.2% of the company’s stock are sold short. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 2.4 days. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 2.4 days. Currently, 1.2% of the company’s stock are sold short.

BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Down 0.3%

NYSEARCA:XB opened at $39.59 on Friday. BondBloxx B Rated USD High Yield Corporate Bond ETF has a 12 month low of $36.93 and a 12 month high of $40.45. The company has a 50 day simple moving average of $39.66 and a two-hundred day simple moving average of $39.36.

Institutional Investors Weigh In On BondBloxx B Rated USD High Yield Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers purchased a new position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF during the 1st quarter worth $1,135,000. MGO One Seven LLC boosted its stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 51.5% during the 1st quarter. MGO One Seven LLC now owns 65,142 shares of the company’s stock worth $2,545,000 after acquiring an additional 22,137 shares during the last quarter. Townsquare Capital LLC purchased a new position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF during the 1st quarter worth $297,000. Strait & Sound Wealth Management LLC lifted its stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 320.0% during the 1st quarter. Strait & Sound Wealth Management LLC now owns 27,178 shares of the company’s stock valued at $1,062,000 after buying an additional 20,707 shares in the last quarter. Finally, Nemes Rush Group LLC purchased a new position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF during the 2nd quarter valued at $54,000.

About BondBloxx B Rated USD High Yield Corporate Bond ETF

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.