Short Interest in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Increases By 20.0%

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 2,627 shares, an increase of 20.0% from the January 15th total of 2,190 shares. Based on an average trading volume of 318 shares, the days-to-cover ratio is presently 8.3 days. Approximately 2.6% of the company’s stock are sold short. Approximately 2.6% of the company’s stock are sold short. Based on an average trading volume of 318 shares, the days-to-cover ratio is presently 8.3 days.

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

A hedge fund recently bought a new stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. AE Wealth Management LLC bought a new stake in shares of BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 861 shares of the company’s stock, valued at approximately $43,000. AE Wealth Management LLC owned approximately 0.86% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF at the end of the most recent quarter.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Price Performance

NYSEARCA BBBL opened at $49.32 on Thursday. The company’s 50-day simple moving average is $48.69 and its two-hundred day simple moving average is $49.00. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a one year low of $45.20 and a one year high of $50.54.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.2323 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from BondBloxx BBB Rated 10+ Year Corporate Bond ETF’s previous monthly dividend of $0.23. This represents a c) annualized dividend and a yield of 5.7%.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Company Profile

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.