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) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 4,527 shares, a decline of 76.5% from the August 15th total of 19,240 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 30,901 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Citadel Advisors LLC increased its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 136.8% during the 2nd quarter. Citadel Advisors LLC now owns 15,582 shares of the company’s stock worth $795,000 after purchasing an additional 9,002 shares in the last quarter. Tanager Wealth Management LLP lifted its holdings in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 178.7% in the second quarter. Tanager Wealth Management LLP now owns 570,525 shares of the company’s stock valued at $29,122,000 after purchasing an additional 365,797 shares in the last quarter. Paladin Wealth LLC lifted its holdings in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 19.1% in the second quarter. Paladin Wealth LLC now owns 46,514 shares of the company’s stock valued at $2,374,000 after purchasing an additional 7,446 shares in the last quarter. S&A Financial Services Inc. purchased a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the first quarter valued at approximately $3,089,000. Finally, Strait & Sound Wealth Management LLC boosted its position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 11.2% during the first quarter. Strait & Sound Wealth Management LLC now owns 121,143 shares of the company’s stock valued at $6,196,000 after buying an additional 12,222 shares during the last quarter.

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

BBBS traded down $0.05 during trading on Friday, hitting $50.17. 12,768 shares of the company’s stock were exchanged, compared to its average volume of 34,077. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a fifty-two week low of $50.17 and a fifty-two week high of $51.83. The business’s 50 day moving average is $50.70 and its two-hundred day moving average is $50.96.

About BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

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.