BondBloxx B Rated USD High Yield Corporate Bond ETF (NYSEARCA:XB – Get Free Report) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 16,622 shares, a decline of 48.2% from the September 15th total of 32,072 shares. Based on an average daily trading volume, of 4,096 shares, the short-interest ratio is presently 4.1 days. Approximately 0.7% of the company’s stock are short sold.
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 made changes to their positions in the business. Cetera Investment Advisers boosted its holdings in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 5.4% in the 1st quarter. Cetera Investment Advisers now owns 83,257 shares of the company’s stock worth $3,243,000 after acquiring an additional 4,242 shares in the last quarter. Strait & Sound Wealth Management LLC raised its stake in shares of BondBloxx B Rated USD High Yield Corporate Bond ETF by 10.3% during the first quarter. Strait & Sound Wealth Management LLC now owns 49,265 shares of the company’s stock worth $1,919,000 after buying an additional 4,607 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in BondBloxx B Rated USD High Yield Corporate Bond ETF by 21.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 34,854 shares of the company’s stock worth $1,368,000 after acquiring an additional 6,101 shares during the period.
BondBloxx B Rated USD High Yield Corporate Bond ETF Price Performance
Shares of NYSEARCA XB traded down $0.12 during trading hours on Wednesday, hitting $37.79. 2,591 shares of the stock were exchanged, compared to its average volume of 10,090. BondBloxx B Rated USD High Yield Corporate Bond ETF has a one year low of $37.68 and a one year high of $39.84. The company’s 50 day moving average is $38.70 and its 200 day moving average is $38.97.
About BondBloxx B Rated USD High Yield Corporate Bond ETF
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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