BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Short Interest Up 73.0% in May

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 2,085 shares, a growth of 73.0% from the April 30th total of 1,205 shares. Based on an average trading volume of 155 shares, the short-interest ratio is currently 13.5 days. Approximately 2.1% of the shares of the company are sold short.

Institutional Trading of BondBloxx BBB Rated 10+ Year Corporate Bond ETF

A hedge fund recently bought a new stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. AE Wealth Management LLC bought a new position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 861 shares of the company’s stock, valued at approximately $43,000. AE Wealth Management LLC owned 0.86% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

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

Shares of BBBL stock traded up $0.03 during mid-day trading on Tuesday, hitting $47.95. The stock had a trading volume of 4,537 shares, compared to its average volume of 439. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a fifty-two week low of $46.65 and a fifty-two week high of $50.54. The company’s 50-day simple moving average is $47.62 and its 200-day simple moving average is $48.31.

About BondBloxx BBB Rated 10+ Year Corporate Bond ETF

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.