BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) Stock Short Interest Report for October

BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 49,226 shares, a growth of 116.3% from the September 30th total of 22,754 shares. Based on an average trading volume of 105,038 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Price Performance

Shares of XBB stock remained flat at $39.93 during trading hours on Friday. The stock had a trading volume of 28,535 shares, compared to its average volume of 197,800. The stock’s 50 day moving average is $40.01 and its two-hundred day moving average is $40.69. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a 52 week low of $39.11 and a 52 week high of $41.61. The company has a market cap of $567.01 million, a price-to-earnings ratio of 59.99 and a beta of 0.40.

Institutional Investors Weigh In On BondBloxx BB Rated USD High Yield Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the business. Atwood & Palmer Inc. grew its stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 1.4% during the second quarter. Atwood & Palmer Inc. now owns 507,082 shares of the company’s stock worth $20,788,000 after buying an additional 7,067 shares during the last quarter. Lido Advisors LLC boosted its stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 22.8% during the first quarter. Lido Advisors LLC now owns 226,571 shares of the company’s stock worth $9,219,000 after acquiring an additional 42,003 shares in the last quarter. IFP Advisors Inc increased its position in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 13.1% in the 3rd quarter. IFP Advisors Inc now owns 89,088 shares of the company’s stock valued at $3,520,000 after buying an additional 10,341 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 1.2% during the first quarter. Cetera Investment Advisers now owns 21,953 shares of the company’s stock valued at $893,000 after acquiring an additional 260 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 56.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 21,148 shares of the company’s stock valued at $867,000 after purchasing an additional 7,640 shares in the last quarter.

About BondBloxx BB Rated USD High Yield Corporate Bond ETF

The BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) 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 BB (or its equivalent), based on an average of three main credit rating providers. XBB was launched on May 24, 2022 and is managed by BondBloxx.