Short Interest in BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) Rises By 154.4%

BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 71,070 shares, a growth of 154.4% from the December 31st total of 27,933 shares. Based on an average trading volume of 19,523 shares, the short-interest ratio is currently 3.6 days. Approximately 0.8% of the shares of the company are short sold. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 19,523 shares, the short-interest ratio is currently 3.6 days.

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

A number of hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC increased its stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 126.1% during the first quarter. Jane Street Group LLC now owns 31,367 shares of the company’s stock worth $1,268,000 after purchasing an additional 17,497 shares in the last quarter. Crews Bank & Trust purchased a new stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF in the second quarter valued at approximately $51,000. Game Plan Financial Advisors LLC purchased a new stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF in the 2nd quarter valued at $103,000. MGO One Seven LLC grew its holdings in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 7.9% in the second quarter. MGO One Seven LLC now owns 199,365 shares of the company’s stock valued at $8,211,000 after purchasing an additional 14,557 shares during the period. Finally, Fullcircle Wealth LLC purchased a new stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $1,799,000.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Trading Up 0.0%

Shares of XBB stock traded up $0.02 during trading hours on Friday, reaching $41.38. The stock had a trading volume of 46,374 shares, compared to its average volume of 152,554. The firm has a market capitalization of $382.77 million, a PE ratio of 59.99 and a beta of 0.44. The stock’s fifty day simple moving average is $41.28 and its 200 day simple moving average is $41.16. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a 12 month low of $38.23 and a 12 month high of $41.61.

About BondBloxx BB Rated USD High Yield Corporate Bond ETF

The BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) 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 BB (or its equivalent), based on an average of three main credit rating providers. XBB was launched on May 24, 2022 and is managed by BondBloxx.