BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Sees Significant Increase in Short Interest

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 3,538 shares, an increase of 34.7% from the January 29th total of 2,627 shares. Currently, 3.5% of the shares of the company are short sold. Based on an average trading volume of 286 shares, the days-to-cover ratio is currently 12.4 days. Based on an average trading volume of 286 shares, the days-to-cover ratio is currently 12.4 days. Currently, 3.5% of the shares of the company are short sold.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Trading Down 1.1%

BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock traded down $0.54 during midday trading on Monday, reaching $48.66. The stock had a trading volume of 320 shares, compared to its average volume of 328. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 12 month low of $45.20 and a 12 month high of $50.54. The firm’s 50-day moving average price is $48.80 and its 200 day moving average price is $49.04.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be issued a dividend of $0.209 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.2%.

Institutional Investors Weigh In On BondBloxx BBB Rated 10+ Year Corporate Bond ETF

A hedge fund recently raised its stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Jane Street Group LLC increased its position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) by 63.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,403 shares of the company’s stock after acquiring an additional 18,398 shares during the quarter. Jane Street Group LLC owned about 47.40% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF worth $2,290,000 at the end of the most recent quarter.

About BondBloxx BBB Rated 10+ Year Corporate Bond ETF

The BondBloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) 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 with at least 10 years remaining in maturity. BBBL was launched on Jan 25, 2024 and is issued by BondBloxx.