BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) Stock Short Interest Report for September

BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 22,754 shares, an increase of 787.8% from the September 15th total of 2,563 shares. Based on an average daily trading volume, of 9,509 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On BondBloxx BB Rated USD High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Atwood & Palmer Inc. bought a new position in BondBloxx BB Rated USD High Yield Corporate Bond ETF in the 3rd quarter worth about $20,683,000. Envestnet Asset Management Inc. increased its holdings in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 56.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 21,148 shares of the company’s stock valued at $867,000 after acquiring an additional 7,640 shares during the period. IFP Advisors Inc raised its position in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 10.1% in the 2nd quarter. IFP Advisors Inc now owns 78,747 shares of the company’s stock worth $3,228,000 after acquiring an additional 7,253 shares in the last quarter. GK Wealth Management LLC purchased a new stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF during the 2nd quarter worth $284,000. Finally, CGN Advisors LLC lifted its stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 6.5% during the 2nd quarter. CGN Advisors LLC now owns 14,534 shares of the company’s stock worth $596,000 after purchasing an additional 885 shares during the last quarter.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Stock Up 0.2%

Shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF stock traded up $0.08 on Friday, reaching $39.62. The company’s stock had a trading volume of 7,888 shares, compared to its average volume of 210,957. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a 52 week low of $39.11 and a 52 week high of $41.61. The firm’s fifty day simple moving average is $40.31 and its two-hundred day simple moving average is $40.65. The company has a market capitalization of $559.43 million, a price-to-earnings ratio of 59.99 and a beta of 0.40.

About BondBloxx BB Rated USD High Yield Corporate Bond ETF

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.