BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Stock Short Interest Declines 86.4%

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 1,391 shares, a decline of 86.4% from the September 30th total of 10,208 shares. Based on an average daily trading volume, of 48,278 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

BondBloxx IR+M Tax-Aware Short Duration ETF Trading Up 0.0%

Shares of BondBloxx IR+M Tax-Aware Short Duration ETF stock opened at $50.24 on Thursday. The firm has a 50-day simple moving average of $50.15 and a two-hundred day simple moving average of $50.55. BondBloxx IR+M Tax-Aware Short Duration ETF has a fifty-two week low of $49.72 and a fifty-two week high of $51.13.

Hedge Funds Weigh In On BondBloxx IR+M Tax-Aware Short Duration ETF

A number of hedge funds have recently bought and sold shares of TAXX. Impact Partnership Wealth LLC purchased a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the 1st quarter valued at approximately $446,000. Bridgewater Advisors Inc. purchased a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF in the 1st quarter worth $497,000. Gradient Investments LLC purchased a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF in the 3rd quarter worth $544,000. Patriot Financial Group Insurance Agency LLC purchased a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF in the 1st quarter worth $723,000. Finally, Citadel Advisors LLC increased its holdings in BondBloxx IR+M Tax-Aware Short Duration ETF by 7.8% in the 2nd quarter. Citadel Advisors LLC now owns 20,231 shares of the company’s stock worth $1,027,000 after acquiring an additional 1,456 shares in the last quarter.

About BondBloxx IR+M Tax-Aware Short Duration ETF

The BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking attractive after-tax income while preserving capital through investments in USD-denominated municipal and taxable short-duration fixed income securities. TAXX was launched on Mar 14, 2024 and is issued by BondBloxx.