BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) Sees Significant Decrease in Short Interest

BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 103 shares, a decline of 58.6% from the March 15th total of 249 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 771 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On BondBloxx BBB Rated 10+ Year Corporate Bond ETF

An institutional investor recently bought a new position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. AE Wealth Management LLC purchased a new stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 861 shares of the company’s stock, valued at approximately $43,000. AE Wealth Management LLC owned about 0.86% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF as of its most recent SEC filing.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Stock Performance

BBBL stock remained flat at $48.00 during midday trading on Tuesday. 629 shares of the company’s stock traded hands, compared to its average volume of 474. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a 12-month low of $45.74 and a 12-month high of $50.54. The business has a 50-day moving average price of $48.21 and a 200-day moving average price of $48.76.

BondBloxx BBB Rated 10+ Year Corporate Bond ETF Company Profile

The BondBloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) 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 with at least 10 years remaining in maturity. BBBL was launched on Jan 25, 2024 and is issued by BondBloxx.