BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Short Interest Update

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 11,071 shares, a decline of 39.6% from the June 30th total of 18,317 shares. Based on an average trading volume of 22,619 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are sold short.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Performance

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF stock opened at $50.78 on Friday. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a one year low of $50.59 and a one year high of $51.83. The company has a 50-day simple moving average of $50.88 and a 200-day simple moving average of $51.16.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BBBS. Thrivent Financial for Lutherans bought a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the fourth quarter valued at approximately $15,824,000. Tanager Wealth Management LLP bought a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 1st quarter worth approximately $10,471,000. Lido Advisors LLC acquired a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 1st quarter valued at approximately $6,626,000. Royal Bank of Canada acquired a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 1st quarter valued at approximately $5,654,000. Finally, Jane Street Group LLC increased its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 199.3% in the 2nd quarter. Jane Street Group LLC now owns 125,584 shares of the company’s stock valued at $6,455,000 after acquiring an additional 83,625 shares during the period.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Company Profile

The BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) 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 maturing between 1-5 years. BBBS was launched on Jan 25, 2024 and is issued by BondBloxx.