BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) Short Interest Update

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 8,427 shares, a decline of 38.7% from the July 30th total of 13,746 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 18,131 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BBBI. Bank of America Corp DE acquired a new stake in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF during the second quarter valued at approximately $30,000. CWM LLC boosted its holdings in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 72.6% during the fourth quarter. CWM LLC now owns 3,359 shares of the company’s stock worth $175,000 after buying an additional 1,413 shares in the last quarter. MGO One Seven LLC grew its position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 7.2% in the fourth quarter. MGO One Seven LLC now owns 12,395 shares of the company’s stock worth $645,000 after buying an additional 837 shares during the last quarter. Thrivent Financial for Lutherans acquired a new position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the fourth quarter worth approximately $14,709,000. Finally, Global Retirement Partners LLC grew its position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 115.1% in the fourth quarter. Global Retirement Partners LLC now owns 1,099 shares of the company’s stock worth $57,000 after buying an additional 588 shares during the last quarter.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Stock Performance

Shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF stock opened at $50.57 on Monday. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF has a 52 week low of $50.39 and a 52 week high of $52.74. The stock has a market cap of $169.41 million, a PE ratio of 25.18 and a beta of 0.18. The company’s 50-day moving average price is $50.86 and its two-hundred day moving average price is $51.36.

About BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

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.