BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Short Interest Down 54.7% in January

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,124 shares, a drop of 54.7% from the December 31st total of 6,898 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is currently 1.2 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 2,500 shares, the short-interest ratio is currently 1.2 days.

Institutional Trading of BondBloxx B Rated USD High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Nemes Rush Group LLC acquired a new stake in BondBloxx B Rated USD High Yield Corporate Bond ETF in the second quarter valued at $54,000. Stratos Investment Management LLC acquired a new stake in BondBloxx B Rated USD High Yield Corporate Bond ETF during the fourth quarter worth approximately $242,000. Cetera Investment Advisers boosted its holdings in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 1.0% during the 2nd quarter. Cetera Investment Advisers now owns 29,318 shares of the company’s stock worth $1,165,000 after buying an additional 279 shares in the last quarter. Strait & Sound Wealth Management LLC increased its stake in BondBloxx B Rated USD High Yield Corporate Bond ETF by 25.0% in the second quarter. Strait & Sound Wealth Management LLC now owns 33,969 shares of the company’s stock valued at $1,350,000 after purchasing an additional 6,791 shares in the last quarter. Finally, MGO One Seven LLC increased its position in BondBloxx B Rated USD High Yield Corporate Bond ETF by 13.4% in the 2nd quarter. MGO One Seven LLC now owns 73,845 shares of the company’s stock valued at $2,935,000 after buying an additional 8,703 shares in the last quarter.

BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Performance

BondBloxx B Rated USD High Yield Corporate Bond ETF stock remained flat at $39.71 on Friday. The company’s stock had a trading volume of 1,530 shares, compared to its average volume of 1,842. BondBloxx B Rated USD High Yield Corporate Bond ETF has a one year low of $36.93 and a one year high of $40.01. The company’s fifty day moving average is $39.59 and its two-hundred day moving average is $39.57.

BondBloxx B Rated USD High Yield Corporate Bond ETF Company Profile

The BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of B (or its equivalent), based on an average of three main credit rating providers. XB was launched on May 24, 2022 and is managed by BondBloxx.