BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Short Interest Down 35.0% in June

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 23,461 shares, a decline of 35.0% from the May 31st total of 36,071 shares. Based on an average daily volume of 36,377 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are sold short.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Performance

Shares of XFIV opened at $48.50 on Friday. The business has a 50-day simple moving average of $48.63 and a two-hundred day simple moving average of $49.15. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 52 week low of $48.17 and a 52 week high of $50.19.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Elevated Capital Advisors LLC purchased a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the first quarter worth $55,000. Fifth Third Bancorp purchased a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter valued at $59,000. Comerica Bank bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 4th quarter worth $61,000. Centaurus Financial Inc. bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 1st quarter worth $103,000. Finally, NewEdge Advisors LLC bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 2nd quarter worth $207,000.

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.