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 target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 182,298 shares, a decrease of 37.0% from the April 30th total of 289,561 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 81,828 shares, the days-to-cover ratio is currently 2.2 days.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance

Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF stock opened at $49.29 on Wednesday. The business’s 50 day simple moving average is $49.42 and its 200-day simple moving average is $49.52. The stock has a market capitalization of $717.66 million, a price-to-earnings ratio of -52.44 and a beta of 0.01. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a twelve month low of $49.27 and a twelve month high of $49.70.

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

Several hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 2,002,123 shares of the company’s stock valued at $99,145,000 after acquiring an additional 93,806 shares in the last quarter. Royal Bank of Canada raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 543.1% during the 1st quarter. Royal Bank of Canada now owns 17,370 shares of the company’s stock valued at $860,000 after acquiring an additional 14,669 shares in the last quarter. Empowered Funds LLC raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 12.8% during the 1st quarter. Empowered Funds LLC now owns 174,600 shares of the company’s stock valued at $8,622,000 after acquiring an additional 19,800 shares in the last quarter. Quantinno Capital Management LP raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 4.8% during the 1st quarter. Quantinno Capital Management LP now owns 20,967 shares of the company’s stock valued at $1,038,000 after acquiring an additional 955 shares in the last quarter. Finally, Lido Advisors LLC raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 1.1% during the 1st quarter. Lido Advisors LLC now owns 68,650 shares of the company’s stock valued at $3,400,000 after acquiring an additional 748 shares in the last quarter. Institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company Profile

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.