Short Interest in BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Drops By 54.7%

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 3,124 shares, a decrease of 54.7% from the December 31st total of 6,898 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 1.2 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 1.2 days.

BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Down 0.1%

Shares of NYSEARCA XB opened at $39.71 on Thursday. BondBloxx B Rated USD High Yield Corporate Bond ETF has a twelve month low of $36.93 and a twelve month high of $40.01. The stock has a fifty day simple moving average of $39.58 and a 200-day simple moving average of $39.57.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Nemes Rush Group LLC acquired a new stake in BondBloxx B Rated USD High Yield Corporate Bond ETF during the 2nd quarter worth approximately $54,000. Stratos Investment Management LLC purchased a new stake in BondBloxx B Rated USD High Yield Corporate Bond ETF during the 4th quarter worth about $242,000. Cetera Investment Advisers increased its holdings in BondBloxx B Rated USD High Yield Corporate Bond ETF by 1.0% during the 2nd quarter. Cetera Investment Advisers now owns 29,318 shares of the company’s stock worth $1,165,000 after purchasing an additional 279 shares during the period. Strait & Sound Wealth Management LLC grew its position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 25.0% during the second quarter. Strait & Sound Wealth Management LLC now owns 33,969 shares of the company’s stock worth $1,350,000 after buying an additional 6,791 shares in the last quarter. Finally, MGO One Seven LLC raised its holdings in BondBloxx B Rated USD High Yield Corporate Bond ETF by 13.4% in the second quarter. MGO One Seven LLC now owns 73,845 shares of the company’s stock valued at $2,935,000 after acquiring an additional 8,703 shares in 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.