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) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 18,317 shares, an increase of 217.7% from the June 15th total of 5,765 shares. Based on an average daily trading volume, of 15,478 shares, the short-interest ratio is currently 1.2 days. Approximately 0.5% of the company’s stock are sold short.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Up 0.2%

NYSEARCA:BBBS traded up $0.08 during trading hours on Tuesday, reaching $50.76. 41,530 shares of the company traded hands, compared to its average volume of 37,318. The business’s 50-day moving average price is $50.94 and its two-hundred day moving average price is $51.23. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.83.

Hedge Funds Weigh In On BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

Several large investors have recently modified their holdings of BBBS. Gradient Investments LLC grew its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 11.3% during the 4th quarter. Gradient Investments LLC now owns 932,204 shares of the company’s stock valued at $47,990,000 after purchasing an additional 94,304 shares during the last quarter. Strait & Sound Wealth Management LLC raised its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 14.9% in the fourth quarter. Strait & Sound Wealth Management LLC now owns 108,921 shares of the company’s stock worth $5,607,000 after buying an additional 14,114 shares during the last quarter. Thrivent Financial for Lutherans purchased a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the fourth quarter worth about $15,824,000. Tanager Wealth Management LLP bought a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the first quarter worth approximately $10,471,000. Finally, Mattson Financial Services LLC grew its holdings in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 15.0% during the fourth quarter. Mattson Financial Services LLC now owns 106,237 shares of the company’s stock valued at $5,469,000 after buying an additional 13,850 shares during the last quarter.

About BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

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.