BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Short Interest Up 70.3% in June

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 4,273 shares, an increase of 70.3% from the May 31st total of 2,509 shares. Currently, 4.3% of the company’s shares are short sold. Based on an average daily volume of 871 shares, the short-interest ratio is presently 4.9 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Jane Street Group LLC raised its position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) by 107.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 28,558 shares of the company’s stock after purchasing an additional 14,813 shares during the period. Jane Street Group LLC owned 19.04% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF worth $1,382,000 as of its most recent filing with the SEC.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Trading Up 0.1%

NYSEARCA BBBL opened at $47.77 on Friday. The business’s 50-day moving average price is $47.77 and its two-hundred day moving average price is $48.16. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 12 month low of $46.65 and a 12 month high of $50.54.

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.