BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 31,595 shares, an increase of 8,325.3% from the July 30th total of 375 shares. Currently, 1.7% of the company’s shares are sold short. Based on an average trading volume of 15,275 shares, the short-interest ratio is presently 2.1 days.
Hedge Funds Weigh In On BondBloxx B Rated USD High Yield Corporate Bond ETF
A hedge fund recently raised its position in BondBloxx B Rated USD High Yield Corporate Bond ETF stock. Strait & Sound Wealth Management LLC grew its holdings in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB – Free Report) by 17.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,658 shares of the company’s stock after buying an additional 6,609 shares during the quarter. Strait & Sound Wealth Management LLC owned approximately 5.58% of BondBloxx B Rated USD High Yield Corporate Bond ETF worth $1,763,000 at the end of the most recent reporting period.
BondBloxx B Rated USD High Yield Corporate Bond ETF Stock Performance
Shares of XB stock traded up $0.07 during trading hours on Tuesday, reaching $39.28. The company had a trading volume of 1,886 shares, compared to its average volume of 10,774. 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 company has a 50 day moving average of $39.08 and a 200 day moving average of $39.14.
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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