Short Interest in BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Drops By 90.9%
by Mitch Edgeman · The Markets DailyBondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB – Get Free Report) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 962 shares, a drop of 90.9% from the November 30th total of 10,576 shares. Based on an average daily volume of 14,588 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 14,588 shares, the days-to-cover ratio is currently 0.1 days.
BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Up 0.1%
Shares of BondBloxx B Rated USD High Yield Corporate Bond ETF stock traded up $0.05 during trading on Wednesday, reaching $39.69. The company’s stock had a trading volume of 854 shares, compared to its average volume of 4,706. The business has a 50 day moving average price of $39.49 and a 200-day moving average price of $39.53. BondBloxx B Rated USD High Yield Corporate Bond ETF has a 12-month low of $36.93 and a 12-month high of $40.01.
Institutional Investors Weigh In On BondBloxx B Rated USD High Yield Corporate Bond ETF
A number of institutional investors and hedge funds have recently bought and sold shares of XB. Nemes Rush Group LLC acquired a new position in BondBloxx B Rated USD High Yield Corporate Bond ETF during the second quarter worth approximately $54,000. Strait & Sound Wealth Management LLC grew its stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 320.0% during the 1st quarter. Strait & Sound Wealth Management LLC now owns 27,178 shares of the company’s stock valued at $1,062,000 after buying an additional 20,707 shares during the period. Cetera Investment Advisers increased its holdings in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 1.0% during the 2nd quarter. Cetera Investment Advisers now owns 29,318 shares of the company’s stock worth $1,165,000 after buying an additional 279 shares during the last quarter. Finally, MGO One Seven LLC raised its position in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 13.4% in the 2nd quarter. MGO One Seven LLC now owns 73,845 shares of the company’s stock worth $2,935,000 after buying an additional 8,703 shares during the period.
BondBloxx B Rated USD High Yield Corporate Bond ETF Company Profile
The BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of B (or its equivalent), based on an average of three main credit rating providers. XB was launched on May 24, 2022 and is managed by BondBloxx.