Short Interest in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Declines By 87.9%

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,034 shares, a decline of 87.9% from the June 30th total of 8,520 shares. Based on an average daily volume of 570 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Jane Street Group LLC boosted its holdings in shares of BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) by 107.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,558 shares of the company’s stock after acquiring an additional 14,813 shares during the quarter. Jane Street Group LLC owned 19.04% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF worth $1,382,000 at the end of the most recent quarter.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Price Performance

Shares of BBBL traded down $0.02 during mid-day trading on Friday, reaching $46.10. The company’s stock had a trading volume of 2,547 shares, compared to its average volume of 807. The business has a fifty day moving average of $47.51 and a 200 day moving average of $47.97. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 1 year low of $46.04 and a 1 year high of $50.54.

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.