BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 2,785 shares, a growth of 2,409.0% from the October 15th total of 111 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 20,909 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Investors Weigh In On BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
A number of institutional investors have recently added to or reduced their stakes in BBBI. Herold Advisors Inc. increased its position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 15.5% in the third quarter. Herold Advisors Inc. now owns 30,192 shares of the company’s stock worth $1,471,000 after acquiring an additional 4,057 shares in the last quarter. S&A Financial Services Inc. purchased a new stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the first quarter worth approximately $235,000. Cetera Investment Advisers grew its stake in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 10.0% in the first quarter. Cetera Investment Advisers now owns 74,493 shares of the company’s stock valued at $3,831,000 after purchasing an additional 6,792 shares in the last quarter. Atwood & Palmer Inc. increased its stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 1.8% during the 2nd quarter. Atwood & Palmer Inc. now owns 785,064 shares of the company’s stock worth $40,369,000 after purchasing an additional 14,244 shares during the last quarter. Finally, DUTCH ASSET Corp acquired a new stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the third quarter worth about $2,250,000.
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Trading Down 0.3%
Shares of BBBI traded down $0.15 during trading hours on Thursday, reaching $49.06. The company had a trading volume of 3,295 shares, compared to its average volume of 28,836. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF has a 12-month low of $48.32 and a 12-month high of $52.74. The firm has a 50 day simple moving average of $49.25 and a 200-day simple moving average of $50.86. The company has a market capitalization of $125.10 million, a price-to-earnings ratio of 24.43 and a beta of 0.18.
About BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
The BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) 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 5-10 years. BBBI was launched on Jan 25, 2024 and is issued by BondBloxx.
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