Short Interest in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Drops By 76.6%

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 5,765 shares, a drop of 76.6% from the May 31st total of 24,627 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 24,109 shares, the short-interest ratio is presently 0.2 days.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Trading Up 0.1%

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF stock traded up $0.04 during midday trading on Friday, reaching $51.08. The stock had a trading volume of 5,912 shares, compared to its average volume of 38,788. The firm’s fifty day simple moving average is $51.03 and its two-hundred day simple moving average is $51.28. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a twelve month low of $50.77 and a twelve month high of $51.83.

Institutional Investors Weigh In On BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of BBBS. Gradient Investments LLC lifted its position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 11.3% in the fourth quarter. Gradient Investments LLC now owns 932,204 shares of the company’s stock worth $47,990,000 after purchasing an additional 94,304 shares in the last quarter. Strait & Sound Wealth Management LLC grew its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 14.9% during the fourth quarter. Strait & Sound Wealth Management LLC now owns 108,921 shares of the company’s stock valued at $5,607,000 after purchasing an additional 14,114 shares in the last quarter. Tanager Wealth Management LLP purchased a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the first quarter valued at approximately $10,471,000. Orion Porfolio Solutions LLC increased its stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 245.8% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 153,233 shares of the company’s stock valued at $7,923,000 after buying an additional 108,921 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 4th quarter worth approximately $15,824,000.

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.