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 significant decrease in short interest in May. As of May 15th, there was short interest totaling 5,985 shares, a decrease of 68.1% from the April 30th total of 18,761 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 64,717 shares, the days-to-cover ratio is currently 0.1 days.

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

BBBS traded up $0.04 during midday trading on Friday, reaching $51.15. The company had a trading volume of 8,860 shares, compared to its average volume of 42,214. The business has a 50-day moving average of $51.08 and a two-hundred day moving average of $51.37. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 1 year low of $50.77 and a 1 year high of $51.83.

Institutional Trading of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BBBS. Strait & Sound Wealth Management LLC grew 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 worth $6,196,000 after purchasing an additional 12,222 shares in the last quarter. Royal Bank of Canada purchased a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the first quarter worth about $5,654,000. Lido Advisors LLC purchased a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the first quarter worth about $6,626,000. Argus Investors Counsel Inc. purchased a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the first quarter worth about $466,000. Finally, Tanager Wealth Management LLP purchased a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the first quarter worth about $10,471,000.

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.