BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) Short Interest Update

BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 5,441 shares, a decline of 95.7% from the May 31st total of 127,405 shares. Based on an average daily volume of 288,979 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

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

Several large investors have recently bought and sold shares of the business. Nemes Rush Group LLC bought a new position in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF in the third quarter worth about $29,000. Kestra Advisory Services LLC bought a new stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF during the 4th quarter valued at approximately $181,000. GK Wealth Management LLC bought a new stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF during the 4th quarter valued at approximately $243,000. Envestnet Asset Management Inc. acquired a new position in BondBloxx BB Rated USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $389,000. Finally, MML Investors Services LLC increased its position in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 6.6% during the 4th quarter. MML Investors Services LLC now owns 10,029 shares of the company’s stock worth $413,000 after purchasing an additional 623 shares in the last quarter.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Stock Up 0.0%

Shares of XBB stock traded up $0.02 during trading hours on Thursday, reaching $40.96. The company’s stock had a trading volume of 9,566 shares, compared to its average volume of 183,444. The firm’s 50 day simple moving average is $40.91 and its 200-day simple moving average is $41.04. The company has a market capitalization of $451.38 million, a price-to-earnings ratio of 59.99 and a beta of 0.39. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a fifty-two week low of $40.18 and a fifty-two week high of $41.61.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Company Profile

The BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) 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 BB (or its equivalent), based on an average of three main credit rating providers. XBB was launched on May 24, 2022 and is managed by BondBloxx.