BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB – Get Free Report) was the recipient of 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 shares of the company are short sold. Based on an average daily trading volume, of 3,768 shares, the short-interest ratio is presently 2.8 days.
Hedge Funds Weigh In On BondBloxx B Rated USD High Yield Corporate Bond ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers increased its holdings in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 159.7% in the fourth quarter. Cetera Investment Advisers now owns 79,015 shares of the company’s stock valued at $3,119,000 after purchasing an additional 48,594 shares during the last quarter. Strait & Sound Wealth Management LLC lifted 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. Stratos Investment Management LLC bought a new stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF during the 4th quarter worth about $242,000. MGO One Seven LLC boosted its holdings in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 4.2% during the 3rd quarter. MGO One Seven LLC now owns 76,918 shares of the company’s stock worth $3,063,000 after buying an additional 3,073 shares during the period. Finally, Nemes Rush Group LLC grew its stake in BondBloxx B Rated USD High Yield Corporate Bond ETF by 191.8% in the 3rd quarter. Nemes Rush Group LLC now owns 3,927 shares of the company’s stock valued at $156,000 after buying an additional 2,581 shares during the last quarter.
BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Performance
Shares of XB traded down $0.05 during mid-day trading on Monday, reaching $39.18. The company’s stock had a trading volume of 90,569 shares, compared to its average volume of 10,783. 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. The business has a 50-day simple moving average of $39.10 and a two-hundred day simple moving average of $39.38.
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.
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