BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Short Interest Up 73.0% in May
by Renee Jackson · The Cerbat GemBondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL – Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 2,085 shares, a growth of 73.0% from the April 30th total of 1,205 shares. Currently, 2.1% of the company’s stock are short sold. Based on an average daily trading volume, of 155 shares, the short-interest ratio is currently 13.5 days.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Jane Street Group LLC increased its holdings in shares of BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL – Free Report) by 63.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,403 shares of the company’s stock after purchasing an additional 18,398 shares during the period. Jane Street Group LLC owned 47.40% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF worth $2,290,000 as of its most recent SEC filing.
BondBloxx BBB Rated 10+ Year Corporate Bond ETF Trading Up 0.1%
Shares of NYSEARCA BBBL traded up $0.03 during mid-day trading on Tuesday, reaching $47.95. The company had a trading volume of 4,537 shares, compared to its average volume of 439. The firm has a 50 day simple moving average of $47.62 and a two-hundred day simple moving average of $48.31. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 52-week low of $46.65 and a 52-week high of $50.54.
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.