BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Short Interest Update

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 804 shares, a decrease of 92.3% from the April 30th total of 10,430 shares. Based on an average daily volume of 24,287 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On BondBloxx B Rated USD High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Cetera Investment Advisers grew its holdings in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 159.7% during the 4th quarter. Cetera Investment Advisers now owns 79,015 shares of the company’s stock worth $3,119,000 after acquiring an additional 48,594 shares during the period. Strait & Sound Wealth Management LLC raised its position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 17.4% in the 4th quarter. Strait & Sound Wealth Management LLC now owns 44,658 shares of the company’s stock worth $1,763,000 after acquiring an additional 6,609 shares in the last quarter. Stratos Investment Management LLC bought a new position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF in the 4th quarter worth approximately $242,000. Finally, Nemes Rush Group LLC raised its position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 191.8% in the 3rd quarter. Nemes Rush Group LLC now owns 3,927 shares of the company’s stock worth $156,000 after acquiring an additional 2,581 shares in the last quarter.

BondBloxx B Rated USD High Yield Corporate Bond ETF Trading Up 0.2%

Shares of NYSEARCA:XB traded up $0.08 on Friday, hitting $39.42. The company had a trading volume of 2,330 shares, compared to its average volume of 10,253. The firm’s 50-day simple moving average is $39.10 and its two-hundred day simple moving average is $39.34. BondBloxx B Rated USD High Yield Corporate Bond ETF has a 1 year low of $38.51 and a 1 year high of $39.92.

About BondBloxx B Rated USD High Yield Corporate Bond ETF

The BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of B (or its equivalent), based on an average of three main credit rating providers. XB was launched on May 24, 2022 and is managed by BondBloxx.