BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) Short Interest Update

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 769,860 shares, an increase of 37,824.1% from the September 15th total of 2,030 shares. Based on an average daily volume of 197,041 shares, the short-interest ratio is presently 3.9 days. Approximately 25.3% of the shares of the stock are short sold.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XTRE. Dynamic Advisor Solutions LLC raised its holdings in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 25.4% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 116,969 shares of the company’s stock valued at $5,735,000 after acquiring an additional 23,708 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 2.7% during the first quarter. Bank of America Corp DE now owns 99,419 shares of the company’s stock worth $4,922,000 after purchasing an additional 2,591 shares in the last quarter. Mattson Financial Services LLC raised its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 15.5% in the fourth quarter. Mattson Financial Services LLC now owns 88,215 shares of the company’s stock valued at $4,390,000 after purchasing an additional 11,826 shares in the last quarter. WESPAC Advisors SoCal LLC bought a new stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the first quarter valued at approximately $3,683,000. Finally, Maridea Wealth Management LLC lifted its position in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 86.8% during the first quarter. Maridea Wealth Management LLC now owns 67,486 shares of the company’s stock valued at $3,341,000 after purchasing an additional 31,350 shares during the last quarter.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Trading Down 0.0%

Shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF stock traded down $0.01 during trading on Friday, hitting $47.89. The stock had a trading volume of 25,046 shares, compared to its average volume of 53,918. BondBloxx Bloomberg Three Year Target Duration US Treasury ETF has a 12 month low of $47.71 and a 12 month high of $50.15. The business’s 50-day moving average is $48.40 and its 200 day moving average is $48.85.

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.