BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) Short Interest Update

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 17,367 shares, a decline of 67.8% from the January 15th total of 53,934 shares. Based on an average trading volume of 46,718 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 46,718 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE bought a new position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF during the 2nd quarter valued at $30,000. Global Retirement Partners LLC increased its position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 115.1% in the 4th quarter. Global Retirement Partners LLC now owns 1,099 shares of the company’s stock worth $57,000 after purchasing an additional 588 shares during the last quarter. CWM LLC acquired a new stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the 2nd quarter valued at about $74,000. Archer Investment Corp lifted its position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 21.2% during the third quarter. Archer Investment Corp now owns 2,173 shares of the company’s stock worth $114,000 after purchasing an additional 380 shares during the last quarter. Finally, MGO One Seven LLC bought a new position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF during the third quarter worth about $605,000.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Price Performance

BBBI traded up $0.19 on Thursday, reaching $52.40. The company’s stock had a trading volume of 17,284 shares, compared to its average volume of 61,465. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF has a 1 year low of $48.91 and a 1 year high of $52.73. The business’s 50 day moving average is $52.14 and its 200 day moving average is $52.11. The stock has a market cap of $133.62 million, a price-to-earnings ratio of 26.09 and a beta of 0.21.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Company Profile

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.