Short Interest in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Rises By 73.0%

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 2,085 shares, a growth of 73.0% from the April 30th total of 1,205 shares. Currently, 2.1% of the shares of the stock are short sold. Based on an average trading volume of 155 shares, the days-to-cover ratio is presently 13.5 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. AE Wealth Management LLC bought a new stake in 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 about 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 Trading Up 0.2%

BBBL traded up $0.09 during midday trading on Thursday, hitting $47.85. The company had a trading volume of 427 shares, compared to its average volume of 435. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a twelve month low of $46.65 and a twelve month high of $50.54. The firm’s 50-day simple moving average is $47.65 and its 200-day simple moving average is $48.29.

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.