BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) Short Interest Update

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 47,391 shares, an increase of 99.0% from the December 31st total of 23,811 shares. Based on an average daily volume of 43,776 shares, the short-interest ratio is presently 1.1 days. Currently, 1.3% of the company’s stock are sold short. Currently, 1.3% of the company’s stock are sold short. Based on an average daily volume of 43,776 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of BondBloxx Private Credit CLO ETF

Large investors have recently bought and sold shares of the stock. Lake Street Private Wealth LLC lifted its stake in BondBloxx Private Credit CLO ETF by 1.4% during the 4th quarter. Lake Street Private Wealth LLC now owns 14,981 shares of the company’s stock valued at $751,000 after acquiring an additional 207 shares during the period. Heck Capital Advisors LLC lifted its position in BondBloxx Private Credit CLO ETF by 9.9% during the fourth quarter. Heck Capital Advisors LLC now owns 5,912 shares of the company’s stock valued at $297,000 after purchasing an additional 535 shares during the period. Stratos Investment Management LLC lifted its position in BondBloxx Private Credit CLO ETF by 5.1% during the fourth quarter. Stratos Investment Management LLC now owns 12,429 shares of the company’s stock valued at $623,000 after purchasing an additional 599 shares during the period. CWM LLC purchased a new stake in BondBloxx Private Credit CLO ETF in the third quarter valued at $34,000. Finally, Avaii Wealth Management LLC grew its position in BondBloxx Private Credit CLO ETF by 18.1% during the 4th quarter. Avaii Wealth Management LLC now owns 5,206 shares of the company’s stock worth $261,000 after purchasing an additional 798 shares during the period.

BondBloxx Private Credit CLO ETF Stock Performance

Shares of PCMM stock opened at $50.38 on Friday. The stock’s fifty day moving average price is $50.18 and its 200 day moving average price is $50.37. BondBloxx Private Credit CLO ETF has a 1-year low of $48.38 and a 1-year high of $52.02.

BondBloxx Private Credit CLO ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.2769 per share. This represents a c) annualized dividend and a dividend yield of 6.6%. This is an increase from BondBloxx Private Credit CLO ETF’s previous monthly dividend of $0.26. The ex-dividend date was Tuesday, December 30th.

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.