Short Interest in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Rises By 115.6%

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 36,071 shares, a growth of 115.6% from the May 14th total of 16,734 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 140,662 shares, the short-interest ratio is currently 0.3 days.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Price Performance

Shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF stock opened at $48.53 on Monday. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 12-month low of $48.17 and a 12-month high of $50.19. The company’s fifty day simple moving average is $48.80 and its two-hundred day simple moving average is $49.26.

Institutional Trading of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

A number of large investors have recently added to or reduced their stakes in XFIV. Gradient Investments LLC boosted its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 11.0% during the 4th quarter. Gradient Investments LLC now owns 1,262,202 shares of the company’s stock valued at $62,452,000 after acquiring an additional 124,813 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 19,793,460.0% in the 4th quarter. Wells Fargo & Company MN now owns 989,678 shares of the company’s stock worth $48,968,000 after buying an additional 989,673 shares in the last quarter. Donoghue Forlines LLC purchased a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 4th quarter worth $32,849,000. Bank of America Corp DE increased its holdings in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 26.3% in the 1st quarter. Bank of America Corp DE now owns 421,177 shares of the company’s stock worth $20,705,000 after buying an additional 87,796 shares during the last quarter. Finally, Capital Investment Counsel LLC increased its holdings in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 35.4% in the 1st quarter. Capital Investment Counsel LLC now owns 403,041 shares of the company’s stock worth $19,813,000 after buying an additional 105,300 shares during the last quarter.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is passively managed to invest in a portfolio of US Treasury securities with a target duration of five years. XFIV was launched on Sep 13, 2022 and is managed by BondBloxx.