BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 2,920 shares, a growth of 318.9% from the September 15th total of 697 shares. Currently, 1.9% of the company’s stock are sold short. Based on an average daily volume of 1,085 shares, the days-to-cover ratio is currently 2.7 days.
Hedge Funds Weigh In On BondBloxx BBB Rated 10+ Year Corporate Bond ETF
An institutional investor recently bought a new stake in BondBloxx BBB Rated 10+ Year Corporate Bond ETF stock. Citadel Advisors LLC purchased a new position in BondBloxx BBB Rated 10+ Year Corporate Bond ETF (NYSEARCA:BBBL – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 38,992 shares of the company’s stock, valued at approximately $1,872,000. Citadel Advisors LLC owned about 25.99% of BondBloxx BBB Rated 10+ Year Corporate Bond ETF at the end of the most recent reporting period.
BondBloxx BBB Rated 10+ Year Corporate Bond ETF Stock Down 0.1%
Shares of BBBL stock traded down $0.03 on Friday, hitting $43.85. The company’s stock had a trading volume of 3,424 shares, compared to its average volume of 880. BondBloxx BBB Rated 10+ Year Corporate Bond ETF has a fifty-two week low of $43.42 and a fifty-two week high of $50.54. The firm’s fifty day moving average price is $45.35 and its 200-day moving average price is $46.75.
About BondBloxx BBB Rated 10+ Year Corporate Bond ETF
The BondBloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of BBB-rated, USD-denominated corporate bonds with at least 10 years remaining in maturity. BBBL was launched on Jan 25, 2024 and is issued by BondBloxx.
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