BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) Sees Large Increase in Short Interest

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 19,117 shares, an increase of 122.4% from the September 15th total of 8,596 shares. Based on an average trading volume of 20,389 shares, the days-to-cover ratio is presently 0.9 days. Currently, 2.2% of the shares of the company are short sold.

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents Trading Up 0.9%

NYSEARCA TAXM traded up $0.41 during trading hours on Thursday, hitting $48.05. 507 shares of the stock were exchanged, compared to its average volume of 5,427. BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents has a 12-month low of $46.89 and a 12-month high of $51.26. The stock has a 50-day moving average of $48.58 and a 200 day moving average of $49.56.

Institutional Trading of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

An institutional investor recently raised its position in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents stock. Tanager Wealth Management LLP raised its position in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) by 149.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,837 shares of the company’s stock after purchasing an additional 9,487 shares during the period. Tanager Wealth Management LLP owned 2.00% of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents worth $800,000 at the end of the most recent quarter.

About BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

The BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a portfolio of US dollar-denominated municipal securities and taxable fixed income instruments, aiming to provide attractive after-tax income specifically for Massachusetts residents. TAXM was launched on Mar 13, 2025 and is issued by BondBloxx.