BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Stock Short Interest Report for September

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 16,622 shares, a drop of 48.2% from the September 15th total of 32,072 shares. Based on an average daily volume of 4,096 shares, the days-to-cover ratio is presently 4.1 days. Approximately 0.7% of the shares of the stock are short sold.

BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Down 0.3%

NYSEARCA XB traded down $0.12 during mid-day trading on Wednesday, hitting $37.79. The stock had a trading volume of 2,591 shares, compared to its average volume of 10,090. The firm’s 50 day moving average is $38.70 and its 200 day moving average is $38.97. BondBloxx B Rated USD High Yield Corporate Bond ETF has a twelve month low of $37.68 and a twelve month high of $39.84.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of XB. Envestnet Asset Management Inc. grew its stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 21.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 34,854 shares of the company’s stock valued at $1,368,000 after buying an additional 6,101 shares in the last quarter. Strait & Sound Wealth Management LLC raised its position in BondBloxx B Rated USD High Yield Corporate Bond ETF by 10.3% during the first quarter. Strait & Sound Wealth Management LLC now owns 49,265 shares of the company’s stock valued at $1,919,000 after acquiring an additional 4,607 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in BondBloxx B Rated USD High Yield Corporate Bond ETF by 5.4% during the first quarter. Cetera Investment Advisers now owns 83,257 shares of the company’s stock valued at $3,243,000 after acquiring an additional 4,242 shares in the last quarter.

About BondBloxx B Rated USD High Yield Corporate Bond ETF

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.