BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) Sees Large Growth in Short Interest

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 9,403 shares, a growth of 1,475.0% from the April 15th total of 597 shares. Based on an average daily volume of 22,375 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

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

Several institutional investors have recently made changes to their positions in XTRE. Goldman Sachs Group Inc. bought a new position in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF in the 1st quarter worth approximately $424,000. Ausdal Financial Partners Inc. bought a new stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the 2nd quarter worth approximately $1,886,000. Jane Street Group LLC raised its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 83.6% during the 2nd quarter. Jane Street Group LLC now owns 22,254 shares of the company’s stock worth $1,108,000 after acquiring an additional 10,135 shares during the period. Bank of America Corp DE raised its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 57.0% during the 2nd quarter. Bank of America Corp DE now owns 81,709 shares of the company’s stock worth $4,067,000 after acquiring an additional 29,659 shares during the period. Finally, IHT Wealth Management LLC bought a new stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the 2nd quarter worth approximately $336,000.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Trading Down 0.2%

Shares of NYSEARCA:XTRE opened at $49.18 on Tuesday. The firm’s 50 day moving average price is $49.48 and its 200-day moving average price is $49.71. BondBloxx Bloomberg Three Year Target Duration US Treasury ETF has a twelve month low of $49.08 and a twelve month high of $50.15.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) 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 three years. XTRE was launched on Sep 13, 2022 and is managed by BondBloxx.