Short Interest in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Drops By 92.6%

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBLGet Free Report) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 249 shares, a drop of 92.6% from the February 26th total of 3,381 shares. Based on an average daily volume of 863 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 863 shares, the days-to-cover ratio is presently 0.3 days.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Trading Down 0.2%

Shares of NYSEARCA:BBBL traded down $0.10 during trading on Tuesday, reaching $47.21. The stock had a trading volume of 216 shares, compared to its average volume of 475. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 52 week low of $45.20 and a 52 week high of $50.54. The firm’s fifty day moving average is $48.55 and its 200 day moving average is $48.98.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.209 per share. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date was Monday, March 2nd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Jane Street Group LLC grew its holdings in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBLFree Report) by 63.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,403 shares of the company’s stock after purchasing an additional 18,398 shares during the quarter. Jane Street Group LLC owned about 47.40% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF worth $2,290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Company Profile

(Get Free Report)

The BondBloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) 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 with at least 10 years remaining in maturity. BBBL was launched on Jan 25, 2024 and is issued by BondBloxx.

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