Short Interest in BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) Decreases By 19.2%

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 24,230 shares, a decline of 19.2% from the February 12th total of 29,991 shares. Based on an average daily trading volume, of 35,805 shares, the short-interest ratio is presently 0.7 days. Currently, 0.6% of the shares of the company are sold short. Currently, 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 35,805 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On BondBloxx Private Credit CLO ETF

Several large investors have recently added to or reduced their stakes in PCMM. Envestnet Asset Management Inc. lifted its holdings in BondBloxx Private Credit CLO ETF by 956.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 149,137 shares of the company’s stock worth $7,542,000 after buying an additional 135,026 shares in the last quarter. Compound Planning Inc. acquired a new position in shares of BondBloxx Private Credit CLO ETF in the fourth quarter worth $3,595,000. Gradient Investments LLC grew its stake in shares of BondBloxx Private Credit CLO ETF by 11.9% in the fourth quarter. Gradient Investments LLC now owns 664,662 shares of the company’s stock worth $33,313,000 after acquiring an additional 70,773 shares in the last quarter. Thrivent Financial for Lutherans purchased a new stake in shares of BondBloxx Private Credit CLO ETF during the fourth quarter worth $3,318,000. Finally, Jane Street Group LLC raised its stake in shares of BondBloxx Private Credit CLO ETF by 359.6% in the fourth quarter. Jane Street Group LLC now owns 63,043 shares of the company’s stock valued at $3,160,000 after acquiring an additional 49,327 shares in the last quarter.

BondBloxx Private Credit CLO ETF Price Performance

Shares of NASDAQ:PCMM opened at $49.36 on Friday. BondBloxx Private Credit CLO ETF has a 12-month low of $48.38 and a 12-month high of $52.02. The business has a 50-day moving average price of $50.17 and a 200 day moving average price of $50.26.

BondBloxx Private Credit CLO ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.2317 dividend. The ex-dividend date of this dividend was Monday, March 2nd.

BondBloxx Private Credit CLO ETF Company Profile

The BondBloxx Private Credit CLO ETF (PCMM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that seeks capital preservation and current income. The fund invests in a pool of loans to private, middle market companies PCMM was launched on Dec 2, 2024 and is issued by BondBloxx.