BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Stock Short Interest Rises 172.1%

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 12,317 shares, an increase of 172.1% from the August 31st total of 4,527 shares. Based on an average daily volume of 26,390 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the company’s shares are short sold.

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

NYSEARCA:BBBS traded down $0.14 during trading hours on Monday, reaching $49.82. The company’s stock had a trading volume of 7,210 shares, compared to its average volume of 33,319. The firm has a 50-day simple moving average of $50.56 and a 200-day simple moving average of $50.85. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 1 year low of $49.81 and a 1 year high of $51.83.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Global Retirement Partners LLC boosted its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 71.0% during the 4th quarter. Global Retirement Partners LLC now owns 2,251 shares of the company’s stock valued at $116,000 after acquiring an additional 935 shares during the period. Nottingham Advisors Inc. purchased a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 1st quarter worth approximately $259,000. Argus Investors Counsel Inc. purchased a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 1st quarter worth approximately $466,000. Citadel Advisors LLC lifted its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 136.8% in the second quarter. Citadel Advisors LLC now owns 15,582 shares of the company’s stock valued at $795,000 after purchasing an additional 9,002 shares during the last quarter. Finally, Foundations Investment Advisors LLC lifted its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 11.0% in the fourth quarter. Foundations Investment Advisors LLC now owns 32,913 shares of the company’s stock valued at $1,694,000 after purchasing an additional 3,254 shares during the last quarter.

About BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

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.