BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Shares Shorted: Short Interest Down 39.3% in September

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 697 shares, a drop of 39.3% from the August 31st total of 1,149 shares. Based on an average daily volume of 455 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.5% of the shares of the company are short sold.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Price Performance

BBBL traded down $0.09 during trading on Thursday, reaching $43.70. 963 shares of the company were exchanged, compared to its average volume of 838. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 52 week low of $43.46 and a 52 week high of $50.54. The firm has a 50 day moving average of $45.69 and a 200 day moving average of $46.92.

Institutional Trading of BondBloxx BBB Rated 10+ Year Corporate Bond ETF

A hedge fund recently bought a new position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Markowski Investments bought a new position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,048 shares of the company’s stock, valued at approximately $50,000. Markowski Investments owned 0.70% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF at the end of the most recent reporting period.

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.