BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) Short Interest Down 32.5% in May

BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB) was the target of a significant decline in short interest in May. As of May 31st, there was short interest totalling 2,700 shares, a decline of 32.5% from the May 15th total of 4,000 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.4% of the company’s stock are sold short.

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

Large investors have recently modified their holdings of the company. Strait & Sound Wealth Management LLC purchased a new stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF in the fourth quarter valued at approximately $254,000. Jane Street Group LLC raised its position in BondBloxx B Rated USD High Yield Corporate Bond ETF by 119.1% in the fourth quarter. Jane Street Group LLC now owns 12,545 shares of the company’s stock worth $493,000 after acquiring an additional 6,820 shares in the last quarter. Townsquare Capital LLC purchased a new position in BondBloxx B Rated USD High Yield Corporate Bond ETF in the first quarter worth $297,000. MGO One Seven LLC raised its position in BondBloxx B Rated USD High Yield Corporate Bond ETF by 51.5% in the first quarter. MGO One Seven LLC now owns 65,142 shares of the company’s stock worth $2,545,000 after acquiring an additional 22,137 shares in the last quarter. Finally, Cetera Investment Advisers purchased a new position in BondBloxx B Rated USD High Yield Corporate Bond ETF in the first quarter worth $1,135,000.

BondBloxx B Rated USD High Yield Corporate Bond ETF Trading Up 0.2%

Shares of XB traded up $0.09 during mid-day trading on Tuesday, reaching $39.21. The company’s stock had a trading volume of 1,247 shares, compared to its average volume of 3,000. BondBloxx B Rated USD High Yield Corporate Bond ETF has a 12-month low of $36.93 and a 12-month high of $40.87. The company’s 50 day moving average is $38.82 and its 200 day moving average is $39.22.

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.