BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Short Interest Update

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 10,430 shares, a growth of 6,629.0% from the April 15th total of 155 shares. Currently, 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 3,768 shares, the short-interest ratio is presently 2.8 days.

Institutional Trading of BondBloxx B Rated USD High Yield Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in XB. MGO One Seven LLC boosted its holdings in BondBloxx B Rated USD High Yield Corporate Bond ETF by 4.2% during the third quarter. MGO One Seven LLC now owns 76,918 shares of the company’s stock worth $3,063,000 after purchasing an additional 3,073 shares during the last quarter. Nemes Rush Group LLC lifted its position in BondBloxx B Rated USD High Yield Corporate Bond ETF by 191.8% during the 3rd quarter. Nemes Rush Group LLC now owns 3,927 shares of the company’s stock worth $156,000 after buying an additional 2,581 shares in the last quarter. Stratos Investment Management LLC bought a new stake in BondBloxx B Rated USD High Yield Corporate Bond ETF during the 4th quarter worth about $242,000. Strait & Sound Wealth Management LLC boosted its stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 17.4% during the 4th quarter. Strait & Sound Wealth Management LLC now owns 44,658 shares of the company’s stock worth $1,763,000 after buying an additional 6,609 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 159.7% during the 4th quarter. Cetera Investment Advisers now owns 79,015 shares of the company’s stock worth $3,119,000 after buying an additional 48,594 shares during the last quarter.

BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Down 0.1%

BondBloxx B Rated USD High Yield Corporate Bond ETF stock traded down $0.05 during midday trading on Monday, reaching $39.18. The stock had a trading volume of 90,569 shares, compared to its average volume of 10,783. The firm’s fifty day simple moving average is $39.10 and its 200-day simple moving average is $39.38. BondBloxx B Rated USD High Yield Corporate Bond ETF has a 1-year low of $38.51 and a 1-year high of $39.92.

BondBloxx B Rated USD High Yield Corporate Bond ETF Company Profile

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.