BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB – Get Free Report) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 31,595 shares, an increase of 8,325.3% from the July 30th total of 375 shares. Currently, 1.7% of the company’s stock are sold short. Based on an average daily volume of 15,275 shares, the short-interest ratio is currently 2.1 days.
Hedge Funds Weigh In On BondBloxx B Rated USD High Yield Corporate Bond ETF
An institutional investor recently raised its position in BondBloxx B Rated USD High Yield Corporate Bond ETF stock. Strait & Sound Wealth Management LLC increased its stake in BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB – Free Report) by 17.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,658 shares of the company’s stock after purchasing an additional 6,609 shares during the period. Strait & Sound Wealth Management LLC owned 5.58% of BondBloxx B Rated USD High Yield Corporate Bond ETF worth $1,763,000 as of its most recent filing with the Securities & Exchange Commission.
BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Up 0.2%
Shares of NYSEARCA:XB opened at $39.28 on Wednesday. The business’s 50-day moving average is $39.08 and its 200 day moving average is $39.14. 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.
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