BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Short Interest Update

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 15,081 shares, a decline of 31.1% from the November 30th total of 21,902 shares. Based on an average daily volume of 76,340 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 76,340 shares, the days-to-cover ratio is presently 0.2 days.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance

Shares of XONE stock traded up $0.01 during midday trading on Monday, hitting $49.68. 37,843 shares of the company were exchanged, compared to its average volume of 119,668. The firm has a market capitalization of $661.17 million, a P/E ratio of -52.85 and a beta of 0.08. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 52 week low of $49.40 and a 52 week high of $49.78. The firm’s 50 day moving average price is $49.60 and its two-hundred day moving average price is $49.57.

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

A number of large investors have recently made changes to their positions in the company. Ameritas Advisory Services LLC bought a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the 2nd quarter worth $27,000. Geneos Wealth Management Inc. grew its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 18.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,982 shares of the company’s stock worth $198,000 after purchasing an additional 609 shares in the last quarter. Brookstone Capital Management bought a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the second quarter worth approximately $215,000. Kingdom Financial Group LLC. bought a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the second quarter worth approximately $232,000. Finally, Csenge Advisory Group acquired a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the third quarter valued at approximately $233,000. Institutional investors own 47.99% of the company’s stock.

About BondBloxx Bloomberg One Year Target Duration US Treasury ETF

The Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) 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 one year. XONE was launched on Sep 13, 2022 and is managed by BondBloxx.