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 large increase in short interest in July. As of July 31st, there was short interest totaling 17,691 shares, an increase of 59.8% from the July 15th total of 11,071 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 20,089 shares, the days-to-cover ratio is presently 0.9 days.

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

Shares of BBBS opened at $50.83 on Thursday. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 12 month low of $50.59 and a 12 month high of $51.83. The company’s fifty day moving average is $50.83 and its 200-day moving average is $51.08.

Hedge Funds Weigh In On BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BBBS. Jane Street Group LLC increased its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 24.5% in the first quarter. Jane Street Group LLC now owns 41,959 shares of the company’s stock worth $2,142,000 after purchasing an additional 8,266 shares during the period. Orion Porfolio Solutions LLC boosted its stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 75.9% during the second quarter. Orion Porfolio Solutions LLC now owns 44,312 shares of the company’s stock worth $2,278,000 after buying an additional 19,115 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 3rd quarter valued at about $203,000. Citadel Advisors LLC lifted its stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 67.2% during the third quarter. Citadel Advisors LLC now owns 33,082 shares of the company’s stock worth $1,711,000 after purchasing an additional 13,293 shares during the period. Finally, Lido Advisors LLC acquired a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the third quarter worth $6,442,000.

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.