BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Short Interest Up 8,325.3% in August

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 31,595 shares, an increase of 8,325.3% from the July 30th total of 375 shares. Currently, 1.7% of the shares of the company are short sold. Based on an average daily volume of 15,275 shares, the short-interest ratio is presently 2.1 days.

BondBloxx B Rated USD High Yield Corporate Bond ETF Trading Up 0.2%

XB traded up $0.07 on Tuesday, hitting $39.28. 1,886 shares of the stock were exchanged, compared to its average volume of 10,774. The business has a 50-day moving average of $39.08 and a two-hundred day moving average of $39.14. BondBloxx B Rated USD High Yield Corporate Bond ETF has a 12 month low of $38.51 and a 12 month high of $39.92.

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

A hedge fund recently raised its position in BondBloxx B Rated USD High Yield Corporate Bond ETF stock. Strait & Sound Wealth Management LLC raised its stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) by 17.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,658 shares of the company’s stock after buying an additional 6,609 shares during the quarter. Strait & Sound Wealth Management LLC owned about 5.58% of BondBloxx B Rated USD High Yield Corporate Bond ETF worth $1,763,000 at the end of the most recent reporting period.

BondBloxx B Rated USD High Yield Corporate Bond ETF Company Profile

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.