BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) Short Interest Update

BondBloxx Private Credit CLO ETF (NASDAQ:PCMMGet Free Report) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 32,916 shares, an increase of 156.6% from the May 31st total of 12,827 shares. Based on an average daily trading volume, of 20,373 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.8% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PCMM. Royal Bank of Canada purchased a new position in shares of BondBloxx Private Credit CLO ETF during the 4th quarter valued at $64,000. Wealth Preservation Advisors LLC purchased a new stake in shares of BondBloxx Private Credit CLO ETF in the fourth quarter worth $70,000. Sentinel Pension Advisors LLC purchased a new stake in shares of BondBloxx Private Credit CLO ETF in the fourth quarter worth $239,000. Brady Martz Wealth Solutions LLC bought a new stake in BondBloxx Private Credit CLO ETF during the first quarter valued at $245,000. Finally, Avaii Wealth Management LLC boosted its stake in BondBloxx Private Credit CLO ETF by 18.1% during the fourth quarter. Avaii Wealth Management LLC now owns 5,206 shares of the company’s stock valued at $261,000 after buying an additional 798 shares during the period.

BondBloxx Private Credit CLO ETF Stock Performance

PCMM stock opened at $49.90 on Monday. The firm has a 50 day moving average of $49.65 and a 200-day moving average of $49.85. BondBloxx Private Credit CLO ETF has a 12 month low of $48.86 and a 12 month high of $51.09.

BondBloxx Private Credit CLO ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.2631 dividend. The ex-dividend date was Monday, June 1st. This is a boost from BondBloxx Private Credit CLO ETF’s previous dividend of $0.23.

BondBloxx Private Credit CLO ETF Company Profile

(Get Free Report)

The BondBloxx Private Credit CLO ETF (PCMM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that seeks capital preservation and current income. The fund invests in a pool of loans to private, middle market companies PCMM was launched on Dec 2, 2024 and is issued by BondBloxx.

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