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) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 10,430 shares, an increase of 6,629.0% from the April 15th total of 155 shares. Based on an average daily volume of 3,768 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.2% of the shares of the company are short sold.

Hedge Funds Weigh In On BondBloxx B Rated USD High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nemes Rush Group LLC boosted its holdings 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 purchasing an additional 2,581 shares in the last quarter. MGO One Seven LLC lifted its stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 4.2% in the 3rd quarter. MGO One Seven LLC now owns 76,918 shares of the company’s stock valued at $3,063,000 after acquiring an additional 3,073 shares during the last quarter. Stratos Investment Management LLC bought a new stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF in the 4th quarter valued at about $242,000. Strait & Sound Wealth Management LLC lifted its stake 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 valued at $1,763,000 after acquiring an additional 6,609 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in 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 valued at $3,119,000 after purchasing an additional 48,594 shares during the last quarter.

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

NYSEARCA:XB opened at $39.11 on Wednesday. BondBloxx B Rated USD High Yield Corporate Bond ETF has a 52-week low of $38.51 and a 52-week high of $39.92. The business’s fifty day moving average is $39.08 and its 200 day moving average is $39.37.

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.