Short Interest in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Increases By 311.5%

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 24,627 shares, an increase of 311.5% from the May 14th total of 5,985 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average trading volume of 58,438 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Global Retirement Partners LLC raised 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 worth $116,000 after purchasing an additional 935 shares during the last quarter. Nemes Rush Group LLC purchased a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the third quarter worth approximately $131,000. Envestnet Asset Management Inc. purchased a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the third quarter worth approximately $203,000. Nottingham Advisors Inc. purchased a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the first quarter worth approximately $259,000. Finally, CWM LLC raised its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 142.2% in the fourth quarter. CWM LLC now owns 6,488 shares of the company’s stock worth $334,000 after purchasing an additional 3,809 shares during the last quarter.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Down 0.0%

NYSEARCA:BBBS traded down $0.01 on Friday, hitting $50.97. The stock had a trading volume of 29,138 shares, compared to its average volume of 40,684. The business’s fifty day moving average is $51.06 and its 200 day moving average is $51.33. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 52 week low of $50.77 and a 52 week high of $51.83.

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.