BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Sees Large Growth in Short Interest

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 12,317 shares, an increase of 172.1% from the August 31st total of 4,527 shares. Based on an average trading volume of 26,390 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the shares of the company are short sold.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BBBS. Tanager Wealth Management LLP raised its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 178.7% in the second quarter. Tanager Wealth Management LLP now owns 570,525 shares of the company’s stock worth $29,122,000 after buying an additional 365,797 shares during the period. Lido Advisors LLC purchased a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 1st quarter valued at about $6,626,000. Royal Bank of Canada purchased a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 1st quarter valued at about $5,654,000. S&A Financial Services Inc. bought a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 1st quarter valued at approximately $3,089,000. Finally, Mattson Financial Services LLC grew its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 15.0% during the 4th quarter. Mattson Financial Services LLC now owns 106,237 shares of the company’s stock valued at $5,469,000 after acquiring an additional 13,850 shares during the period.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Down 0.3%

NYSEARCA BBBS opened at $49.82 on Tuesday. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 52 week low of $49.81 and a 52 week high of $51.83. The company has a 50-day moving average price of $50.54 and a 200-day moving average price of $50.84.

About BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BondBloxx BBB Rated 1-5 Year Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.