Short Interest in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) Declines By 68.2%

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 6,121 shares, a drop of 68.2% from the July 30th total of 19,271 shares. Based on an average daily trading volume, of 40,267 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Trading Down 0.2%

Shares of XSVN stock opened at $46.65 on Thursday. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF has a 52 week low of $46.36 and a 52 week high of $48.98. The company has a 50 day moving average price of $46.77 and a 200-day moving average price of $47.34.

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

Several large investors have recently added to or reduced their stakes in the business. Purpose Unlimited Inc. bought a new position in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the 4th quarter valued at approximately $1,538,000. Encompass More Asset Management purchased a new position in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF in the fourth quarter worth $565,000. JDM Financial Group LLC purchased a new position in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF in the fourth quarter worth $2,417,000. Brookstone Capital Management bought a new position in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the first quarter worth $842,000. Finally, WESPAC Advisors SoCal LLC purchased a new position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the first quarter valued at $3,757,000.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) 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 seven years. XSVN was launched on Sep 13, 2022 and is managed by BondBloxx.