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

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 2,627 shares, a growth of 20.0% from the January 15th total of 2,190 shares. Currently, 2.6% of the shares of the stock are sold short. Based on an average trading volume of 318 shares, the short-interest ratio is currently 8.3 days. Based on an average trading volume of 318 shares, the short-interest ratio is currently 8.3 days. Currently, 2.6% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Jane Street Group LLC boosted its stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) by 107.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,558 shares of the company’s stock after purchasing an additional 14,813 shares during the quarter. Jane Street Group LLC owned about 19.04% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF worth $1,382,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Stock Performance

BBBL opened at $49.26 on Tuesday. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a one year low of $45.20 and a one year high of $50.54. The company has a fifty day moving average price of $48.67 and a 200-day moving average price of $48.99.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Increases Dividend

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

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.