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) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 6,169 shares, a decline of 14.0% from the March 31st total of 7,177 shares. Based on an average daily trading volume, of 14,772 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE acquired a new stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the second quarter worth about $30,000. Global Retirement Partners LLC lifted its position in shares of 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. CWM LLC lifted its position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 35.9% in the third quarter. CWM LLC now owns 1,946 shares of the company’s stock worth $102,000 after buying an additional 514 shares during the last quarter. Archer Investment Corp lifted its position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 21.2% in the third quarter. Archer Investment Corp now owns 2,173 shares of the company’s stock worth $114,000 after buying an additional 380 shares during the last quarter. Finally, MML Investors Services LLC acquired a new stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the fourth quarter worth about $365,000.

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

Shares of NYSEARCA:BBBI opened at $51.41 on Friday. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF has a fifty-two week low of $50.03 and a fifty-two week high of $52.74. The business has a 50-day moving average of $51.74 and a two-hundred day moving average of $52.05. The stock has a market capitalization of $161.94 million, a P/E ratio of 25.60 and a beta of 0.17.

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.