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 decrease in short interest in the month of March. As of March 13th, there was short interest totaling 2,910 shares, a decrease of 67.3% from the February 26th total of 8,891 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 6,344 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 6,344 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the company’s shares are short sold.

BondBloxx B Rated USD High Yield Corporate Bond ETF Price Performance

NYSEARCA:XB remained flat at $38.76 on Wednesday. The company’s stock had a trading volume of 232 shares, compared to its average volume of 3,788. BondBloxx B Rated USD High Yield Corporate Bond ETF has a 12 month low of $36.93 and a 12 month high of $39.92. The company has a 50-day moving average of $39.38 and a 200 day moving average of $39.50.

BondBloxx B Rated USD High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.2113 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Trading of BondBloxx B Rated USD High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers boosted its stake in BondBloxx B Rated USD High Yield Corporate Bond ETF by 159.7% during the fourth quarter. Cetera Investment Advisers now owns 79,015 shares of the company’s stock worth $3,119,000 after buying an additional 48,594 shares during the period. Strait & Sound Wealth Management LLC lifted its holdings in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 17.4% in the 4th quarter. Strait & Sound Wealth Management LLC now owns 44,658 shares of the company’s stock worth $1,763,000 after acquiring an additional 6,609 shares during the last quarter. Stratos Investment Management LLC acquired a new position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF in the 4th quarter worth approximately $242,000. Nemes Rush Group LLC boosted its position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 191.8% during the 3rd quarter. Nemes Rush Group LLC now owns 3,927 shares of the company’s stock worth $156,000 after purchasing an additional 2,581 shares during the period. Finally, MGO One Seven LLC increased its holdings in BondBloxx B Rated USD High Yield Corporate Bond ETF by 4.2% in the 3rd quarter. MGO One Seven LLC now owns 76,918 shares of the company’s stock valued at $3,063,000 after purchasing an additional 3,073 shares during the last quarter.

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.