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) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 6,898 shares, an increase of 617.0% from the December 15th total of 962 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average trading volume of 2,560 shares, the short-interest ratio is currently 2.7 days. Based on an average trading volume of 2,560 shares, the short-interest ratio is currently 2.7 days. Approximately 0.9% of the company’s stock are sold short.

BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Performance

NYSEARCA XB remained flat at $39.60 during trading hours on Monday. 3,257 shares of the company traded hands, compared to its average volume of 2,737. BondBloxx B Rated USD High Yield Corporate Bond ETF has a twelve month low of $36.93 and a twelve month high of $40.01. The company’s 50 day moving average price is $39.48 and its 200-day moving average price is $39.55.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. MGO One Seven LLC grew its holdings in BondBloxx B Rated USD High Yield Corporate Bond ETF by 13.4% during the second quarter. MGO One Seven LLC now owns 73,845 shares of the company’s stock worth $2,935,000 after buying an additional 8,703 shares in the last quarter. Strait & Sound Wealth Management LLC lifted its stake in BondBloxx B Rated USD High Yield Corporate Bond ETF by 25.0% during the 2nd quarter. Strait & Sound Wealth Management LLC now owns 33,969 shares of the company’s stock valued at $1,350,000 after acquiring an additional 6,791 shares in the last quarter. Cetera Investment Advisers boosted its holdings in 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 acquiring an additional 279 shares during the last quarter. Finally, Nemes Rush Group LLC bought a new stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF in the 2nd quarter worth $54,000.

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.