BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Shares Shorted: Short Interest Up 287.3% in October

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 22,519 shares, a growth of 287.3% from the October 15th total of 5,814 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 37,428 shares, the days-to-cover ratio is presently 0.6 days.

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

A number of institutional investors have recently added to or reduced their stakes in XFIV. Lido Advisors LLC acquired a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the third quarter valued at approximately $336,000. Kestra Investment Management LLC increased its holdings in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 4.3% during the third quarter. Kestra Investment Management LLC now owns 539,481 shares of the company’s stock worth $25,172,000 after buying an additional 22,443 shares in the last quarter. Alps Advisors Inc. acquired a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the third quarter worth $2,711,000. Kestra Advisory Services LLC increased its holdings in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 145.7% during the third quarter. Kestra Advisory Services LLC now owns 79,228 shares of the company’s stock worth $3,697,000 after buying an additional 46,987 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 3rd quarter valued at $373,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Price Performance

XFIV stock opened at $47.18 on Thursday. The firm has a 50-day moving average price of $47.13 and a 200-day moving average price of $48.40. 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.

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.