BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Short Interest Update

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 329 shares, a decline of 81.8% from the January 29th total of 1,811 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 54,319 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 54,319 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Price Performance

NYSEARCA:BBBS remained flat at $51.72 on Thursday. 21,915 shares of the company’s stock traded hands, compared to its average volume of 49,521. The stock has a fifty day moving average price of $51.58 and a two-hundred day moving average price of $51.59. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 12 month low of $50.02 and a 12 month high of $51.83.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.2025 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Global Retirement Partners LLC raised its holdings in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 58.7% in the 3rd quarter. Global Retirement Partners LLC now owns 1,316 shares of the company’s stock valued at $68,000 after purchasing an additional 487 shares in the last quarter. CWM LLC acquired a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 2nd quarter worth about $73,000. Nemes Rush Group LLC purchased a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the third quarter worth approximately $131,000. Envestnet Asset Management Inc. acquired a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the third quarter valued at approximately $203,000. Finally, Inspire Advisors LLC purchased a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the second quarter valued at approximately $386,000.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Company Profile

The BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) 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 1-5 years. BBBS was launched on Jan 25, 2024 and is issued by BondBloxx.