BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) Short Interest Down 84.3% in December

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 16,025 shares, a decline of 84.3% from the November 30th total of 102,327 shares. Based on an average daily volume of 36,607 shares, the short-interest ratio is currently 0.4 days. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 36,607 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. CWM LLC bought a new position in shares of BondBloxx Private Credit CLO ETF during the 3rd quarter valued at approximately $34,000. Crews Bank & Trust bought a new position in shares of BondBloxx Private Credit CLO ETF in the second quarter worth approximately $40,000. Bulwark Capital Corp purchased a new stake in shares of BondBloxx Private Credit CLO ETF in the third quarter worth $116,000. Steward Partners Investment Advisory LLC bought a new stake in shares of BondBloxx Private Credit CLO ETF during the 2nd quarter valued at $173,000. Finally, Avaii Wealth Management LLC purchased a new position in shares of BondBloxx Private Credit CLO ETF during the 3rd quarter valued at $223,000.

BondBloxx Private Credit CLO ETF Trading Down 0.3%

PCMM stock traded down $0.14 on Wednesday, hitting $50.15. The company had a trading volume of 6,648 shares, compared to its average volume of 33,406. BondBloxx Private Credit CLO ETF has a 12-month low of $48.38 and a 12-month high of $52.73. The stock’s 50-day simple moving average is $50.23 and its 200 day simple moving average is $50.43.

BondBloxx Private Credit CLO ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were given a $0.255 dividend. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend was Monday, December 1st.

BondBloxx Private Credit CLO ETF Company Profile

The BondBloxx Private Credit CLO ETF (PCMM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that seeks capital preservation and current income. The fund invests in a pool of loans to private, middle market companies PCMM was launched on Dec 2, 2024 and is issued by BondBloxx.