BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) Stock Short Interest Rises 2,409.0%

by · The Cerbat Gem

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI – Get Free Report) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 2,785 shares, an increase of 2,409.0% from the October 15th total of 111 shares. Based on an average trading volume of 20,909 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Stock Performance

NYSEARCA BBBI traded down $0.31 during trading hours on Tuesday, reaching $49.21. The stock had a trading volume of 10,670 shares, compared to its average volume of 28,423. The stock has a fifty day moving average of $49.27 and a 200 day moving average of $50.88. The stock has a market cap of $125.49 million, a P/E ratio of 24.51 and a beta of 0.18. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF has a 52-week low of $48.32 and a 52-week high of $52.74.

Institutional Investors Weigh In On BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BBBI. Commonwealth Equity Services LLC purchased a new position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the third quarter valued at $3,332,000. DUTCH ASSET Corp purchased a new position in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the third quarter valued at approximately $2,250,000. Herold Advisors Inc. lifted its holdings in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 15.5% in the 3rd quarter. Herold Advisors Inc. now owns 30,192 shares of the company’s stock valued at $1,471,000 after purchasing an additional 4,057 shares in the last quarter. Atwood & Palmer Inc. acquired a new position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF during the third quarter worth about $39,105,000. Finally, S&A Financial Services Inc. purchased a new stake in shares of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the first quarter valued at approximately $235,000.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Company Profile

(Get Free Report)

The BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) 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 5-10 years. BBBI was launched on Jan 25, 2024 and is issued by BondBloxx.

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