BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) Short Interest Down 36.6% in July

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM – Get Free Report) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 25,244 shares, a drop of 36.6% from the July 15th total of 39,793 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 20,321 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Royal Bank of Canada acquired a new stake in shares of BondBloxx Private Credit CLO ETF during the 4th quarter valued at approximately $64,000. Wealth Preservation Advisors LLC acquired a new position in BondBloxx Private Credit CLO ETF in the fourth quarter worth $70,000. Brady Martz Wealth Solutions LLC bought a new stake in BondBloxx Private Credit CLO ETF during the first quarter valued at $245,000. Focused Alpha LLC bought a new stake in BondBloxx Private Credit CLO ETF during the fourth quarter valued at $300,000. Finally, Kestra Private Wealth Services LLC acquired a new stake in shares of BondBloxx Private Credit CLO ETF during the first quarter worth $325,000.

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BondBloxx Private Credit CLO ETF Stock Performance

Shares of BondBloxx Private Credit CLO ETF stock traded down $0.02 during trading on Tuesday, reaching $49.79. The company had a trading volume of 45,799 shares, compared to its average volume of 37,494. BondBloxx Private Credit CLO ETF has a fifty-two week low of $48.86 and a fifty-two week high of $51.09. The firm’s fifty day moving average is $49.78 and its 200-day moving average is $49.75.

BondBloxx Private Credit CLO ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.2559 per share. The ex-dividend date was Monday, August 3rd. This is an increase from BondBloxx Private Credit CLO ETF’s previous monthly dividend of $0.26. This represents a c) annualized dividend and a yield of 6.2%.

BondBloxx Private Credit CLO ETF Company Profile

(Get Free Report)

The BondBloxx Private Credit CLO ETF (PCMM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that seeks capital preservation and current income. The fund invests in a pool of loans to private, middle market companies PCMM was launched on Dec 2, 2024 and is issued by BondBloxx.

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