BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) Short Interest Update

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 13,677 shares, a decrease of 14.0% from the February 12th total of 15,903 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 23,707 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 23,707 shares, the short-interest ratio is presently 0.6 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BBBI. Bank of America Corp DE purchased a new stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the second quarter valued at approximately $30,000. Atwood & Palmer Inc. increased its holdings in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 2.3% in the third quarter. Atwood & Palmer Inc. now owns 727,817 shares of the company’s stock valued at $38,072,000 after purchasing an additional 16,247 shares during the last quarter. CWM LLC lifted its position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 35.9% during the third quarter. CWM LLC now owns 1,946 shares of the company’s stock worth $102,000 after buying an additional 514 shares in the last quarter. MGO One Seven LLC purchased a new position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF during the third quarter worth approximately $605,000. Finally, Archer Investment Corp boosted its stake in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 21.2% during the third quarter. Archer Investment Corp now owns 2,173 shares of the company’s stock worth $114,000 after buying an additional 380 shares during the last quarter.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Stock Performance

Shares of NYSEARCA:BBBI traded up $0.17 during midday trading on Tuesday, hitting $51.63. The company’s stock had a trading volume of 715 shares, compared to its average volume of 43,109. The company has a market cap of $131.66 million, a P/E ratio of 25.71 and a beta of 0.21. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF has a 12-month low of $48.91 and a 12-month high of $52.74. The business’s 50 day simple moving average is $52.19 and its 200 day simple moving average is $52.21.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Company Profile

The BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) 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 5-10 years. BBBI was launched on Jan 25, 2024 and is issued by BondBloxx.