BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Stock Short Interest Drops 64.6%

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 5,814 shares, a decline of 64.6% from the September 30th total of 16,425 shares. Based on an average trading volume of 156,823 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are short sold.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Trading Up 0.3%

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF stock traded up $0.16 during mid-day trading on Friday, hitting $47.55. The company had a trading volume of 44,005 shares, compared to its average volume of 74,223. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 12-month low of $46.44 and a 12-month high of $50.19. The company’s fifty day moving average is $47.23 and its 200-day moving average is $48.48.

Hedge Funds Weigh In On BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

Several large investors have recently made changes to their positions in the company. Elevated Capital Advisors LLC purchased a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter worth about $55,000. Fifth Third Bancorp acquired a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter valued at about $59,000. Centaurus Financial Inc. acquired a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter valued at about $103,000. Capital Wealth Management LLC acquired a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 2nd quarter valued at about $222,000. Finally, Strait & Sound Wealth Management LLC purchased a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 1st quarter valued at about $250,000.

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.