BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Short Interest Update

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 292,107 shares, a growth of 158.2% from the June 30th total of 113,119 shares. Based on an average daily trading volume, of 161,084 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.2% of the shares of the stock are short sold.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Price Performance

Shares of XTEN stock traded up $0.18 during midday trading on Monday, reaching $44.67. 106,583 shares of the company traded hands, compared to its average volume of 218,243. The firm’s 50 day simple moving average is $45.14 and its two-hundred day simple moving average is $45.79. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 1-year low of $44.33 and a 1-year high of $47.50.

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

A number of institutional investors have recently bought and sold shares of XTEN. EverSource Wealth Advisors LLC raised its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 44.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 763 shares of the company’s stock worth $35,000 after buying an additional 236 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 13.2% in the second quarter. CoreCap Advisors LLC now owns 2,080 shares of the company’s stock valued at $95,000 after purchasing an additional 243 shares in the last quarter. Blue Trust Inc. grew its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 40.0% in the first quarter. Blue Trust Inc. now owns 980 shares of the company’s stock valued at $45,000 after purchasing an additional 280 shares during the last quarter. Spectrum Planning & Advisory Services Inc. grew its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 2.9% in the first quarter. Spectrum Planning & Advisory Services Inc. now owns 13,675 shares of the company’s stock valued at $627,000 after purchasing an additional 385 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 8.4% during the 1st quarter. Sanctuary Advisors LLC now owns 5,420 shares of the company’s stock worth $249,000 after purchasing an additional 420 shares in the last quarter.

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.