BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) Sees Large Drop in Short Interest

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 298 shares, a drop of 55.1% from the September 15th total of 663 shares. Based on an average daily volume of 73,024 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Atwood & Palmer Inc. boosted its holdings in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 1.8% in the 2nd quarter. Atwood & Palmer Inc. now owns 785,064 shares of the company’s stock valued at $40,369,000 after acquiring an additional 14,244 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 10.0% in the first quarter. Cetera Investment Advisers now owns 74,493 shares of the company’s stock worth $3,831,000 after acquiring an additional 6,792 shares during the period. Finally, S&A Financial Services Inc. acquired a new stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the first quarter worth $235,000.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Stock Up 0.6%

Shares of NYSEARCA:BBBI traded up $0.30 during trading on Thursday, hitting $49.09. The stock had a trading volume of 33,626 shares, compared to its average volume of 29,511. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF has a 12-month low of $48.32 and a 12-month high of $52.74. The stock has a market capitalization of $130.09 million, a price-to-earnings ratio of 24.45 and a beta of 0.19. The stock has a 50-day simple moving average of $49.78 and a two-hundred day simple moving average of $50.74.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Company Profile

(Get Free Report)

The BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) 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 maturing between 5-10 years. BBBI was launched on Jan 25, 2024 and is issued by BondBloxx.

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