BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Sees Large Growth in Short Interest

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 4,273 shares, a growth of 70.3% from the May 31st total of 2,509 shares. Based on an average daily volume of 871 shares, the days-to-cover ratio is currently 4.9 days. Approximately 4.3% of the shares of the stock are sold short.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Price Performance

Shares of BBBL opened at $47.77 on Friday. The business’s 50 day moving average is $47.76 and its 200 day moving average is $48.15. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 12-month low of $46.65 and a 12-month high of $50.54.

Institutional Investors Weigh In On BondBloxx BBB Rated 10+ Year Corporate Bond ETF

An institutional investor recently raised its position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Jane Street Group LLC grew its stake in shares of BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) by 107.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,558 shares of the company’s stock after buying an additional 14,813 shares during the period. Jane Street Group LLC owned 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 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.