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

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 6,898 shares, a growth of 617.0% from the December 15th total of 962 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 2,560 shares, the short-interest ratio is currently 2.7 days. Based on an average daily trading volume, of 2,560 shares, the short-interest ratio is currently 2.7 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Trading of BondBloxx B Rated USD High Yield Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the company. Cetera Investment Advisers boosted its position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 1.0% during the second quarter. Cetera Investment Advisers now owns 29,318 shares of the company’s stock worth $1,165,000 after buying an additional 279 shares during the period. Nemes Rush Group LLC bought a new stake in BondBloxx B Rated USD High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $54,000. MGO One Seven LLC lifted its stake in BondBloxx B Rated USD High Yield Corporate Bond ETF by 4.2% in the 3rd quarter. MGO One Seven LLC now owns 76,918 shares of the company’s stock valued at $3,063,000 after acquiring an additional 3,073 shares in the last quarter. Finally, Strait & Sound Wealth Management LLC boosted its position in BondBloxx B Rated USD High Yield Corporate Bond ETF by 12.0% during the 3rd quarter. Strait & Sound Wealth Management LLC now owns 38,049 shares of the company’s stock worth $1,515,000 after acquiring an additional 4,080 shares during the last quarter.

BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Down 0.0%

Shares of XB stock traded down $0.01 during trading hours on Wednesday, hitting $39.61. 2,014 shares of the company were exchanged, compared to its average volume of 2,469. BondBloxx B Rated USD High Yield Corporate Bond ETF has a 52 week low of $36.93 and a 52 week high of $40.01. The business has a 50 day moving average of $39.49 and a two-hundred day moving average of $39.55.

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. XB was launched on May 24, 2022 and is managed by BondBloxx.