BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Short Interest Down 58.6% in March

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 103 shares, a drop of 58.6% from the March 15th total of 249 shares. Based on an average trading volume of 771 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Price Performance

Shares of BBBL stock traded up $0.31 during mid-day trading on Monday, reaching $48.00. The stock had a trading volume of 629 shares, compared to its average volume of 474. The firm’s 50 day simple moving average is $48.21 and its 200 day simple moving average is $48.76. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a one year low of $45.74 and a one year high of $50.54.

Institutional Trading of BondBloxx BBB Rated 10+ Year Corporate Bond ETF

A hedge fund recently raised its stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Jane Street Group LLC increased its stake in shares of BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) by 63.4% in the 4th 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 buying an additional 18,398 shares during the quarter. Jane Street Group LLC owned 47.40% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF worth $2,290,000 at the end of the most recent reporting period.

About BondBloxx BBB Rated 10+ Year Corporate Bond ETF

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.