BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Short Interest Update

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 5,985 shares, a decrease of 68.1% from the April 30th total of 18,761 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 64,717 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC boosted its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 71.0% in the fourth quarter. Global Retirement Partners LLC now owns 2,251 shares of the company’s stock worth $116,000 after acquiring an additional 935 shares in the last quarter. Nemes Rush Group LLC bought a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the third quarter valued at $131,000. Envestnet Asset Management Inc. purchased a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 3rd quarter worth about $203,000. Nottingham Advisors Inc. purchased a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 1st quarter worth about $259,000. Finally, CWM LLC boosted its stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 142.2% in the 4th quarter. CWM LLC now owns 6,488 shares of the company’s stock worth $334,000 after purchasing an additional 3,809 shares in the last quarter.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Price Performance

Shares of NYSEARCA BBBS opened at $51.15 on Monday. The company has a 50 day simple moving average of $51.08 and a two-hundred day simple moving average of $51.37. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a fifty-two week low of $50.77 and a fifty-two week high of $51.83.

About BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

The BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) 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 1-5 years. BBBS was launched on Jan 25, 2024 and is issued by BondBloxx.