BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Short Interest Up 132.3% in January

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 36,856 shares, a growth of 132.3% from the January 15th total of 15,863 shares. Based on an average daily trading volume, of 103,831 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 103,831 shares, the short-interest ratio is presently 0.4 days.

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

A number of institutional investors have recently made changes to their positions in the business. Belpointe Asset Management LLC bought a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the third quarter valued at $951,000. Farther Finance Advisors LLC increased its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 2,194.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 52,209 shares of the company’s stock worth $2,435,000 after purchasing an additional 49,934 shares in the last quarter. Nemes Rush Group LLC boosted its position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 33.3% in the second quarter. Nemes Rush Group LLC now owns 11,841 shares of the company’s stock valued at $547,000 after buying an additional 2,958 shares in the last quarter. Apeiron RIA LLC grew its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 38.8% during the third quarter. Apeiron RIA LLC now owns 118,233 shares of the company’s stock worth $5,539,000 after buying an additional 33,024 shares during the last quarter. Finally, Brookstone Capital Management acquired a new stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the third quarter worth approximately $723,000.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Trading Up 0.4%

XTEN stock traded up $0.19 during midday trading on Friday, hitting $47.01. 159,875 shares of the company traded hands, compared to its average volume of 115,029. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a twelve month low of $44.38 and a twelve month high of $47.82. The business has a 50 day simple moving average of $46.33 and a 200-day simple moving average of $46.49.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.166 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is a positive change from BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF’s previous monthly dividend of $0.16.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Company Profile

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.