BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Short Interest Update

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 962 shares, a decline of 90.9% from the November 30th total of 10,576 shares. Based on an average daily trading volume, of 14,588 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 14,588 shares, the days-to-cover ratio is currently 0.1 days.

BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Performance

BondBloxx B Rated USD High Yield Corporate Bond ETF stock traded down $0.02 during midday trading on Friday, reaching $39.67. 483 shares of the stock traded hands, compared to its average volume of 4,689. The company has a 50-day simple moving average of $39.49 and a two-hundred day simple moving average of $39.53. BondBloxx B Rated USD High Yield Corporate Bond ETF has a 12-month low of $36.93 and a 12-month high of $40.01.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Nemes Rush Group LLC increased its stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 191.8% during the third quarter. Nemes Rush Group LLC now owns 3,927 shares of the company’s stock worth $156,000 after buying an additional 2,581 shares during the period. MGO One Seven LLC increased its position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 4.2% in the 3rd quarter. MGO One Seven LLC now owns 76,918 shares of the company’s stock valued at $3,063,000 after purchasing an additional 3,073 shares during the last quarter. Strait & Sound Wealth Management LLC raised its holdings in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 12.0% in the 3rd quarter. Strait & Sound Wealth Management LLC now owns 38,049 shares of the company’s stock valued at $1,515,000 after purchasing an additional 4,080 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position 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 purchasing an additional 279 shares during the last quarter.

About BondBloxx B Rated USD High Yield Corporate Bond ETF

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.