Short Interest in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Declines By 39.6%

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 11,071 shares, a decrease of 39.6% from the June 30th total of 18,317 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 22,619 shares, the short-interest ratio is currently 0.5 days.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Performance

BBBS traded down $0.02 during midday trading on Friday, reaching $50.78. 10,125 shares of the company’s stock were exchanged, compared to its average volume of 35,798. The business’s 50-day moving average price is $50.88 and its 200 day moving average price is $51.16. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 1-year low of $50.59 and a 1-year high of $51.83.

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

Several large investors have recently made changes to their positions in the company. Strait & Sound Wealth Management LLC boosted its holdings in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 14.9% in the 4th 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. Thrivent Financial for Lutherans bought a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 4th quarter worth $15,824,000. Tanager Wealth Management LLP bought a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 1st quarter worth $10,471,000. Lido Advisors LLC acquired a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the first quarter valued at about $6,626,000. Finally, Mattson Financial Services LLC grew its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 15.0% in the fourth quarter. Mattson Financial Services LLC now owns 106,237 shares of the company’s stock valued at $5,469,000 after acquiring an additional 13,850 shares during the last quarter.

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.