Short Interest in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Rises By 127.5%

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 30,260 shares, an increase of 127.5% from the July 30th total of 13,299 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 93,746 shares, the short-interest ratio is presently 0.3 days.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Price Performance

XFIV stock traded down $0.17 during trading hours on Friday, reaching $48.02. 28,933 shares of the stock were exchanged, compared to its average volume of 75,476. The firm’s 50-day moving average is $48.29 and its 200-day moving average is $48.80. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 12 month low of $47.98 and a 12 month high of $50.19.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC acquired a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 2nd quarter valued at approximately $207,000. Jane Street Group LLC boosted its position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 185.2% during the 2nd quarter. Jane Street Group LLC now owns 19,669 shares of the company’s stock worth $971,000 after acquiring an additional 12,772 shares during the last quarter. Bank of America Corp DE grew its stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 18.6% during the 2nd quarter. Bank of America Corp DE now owns 94,827 shares of the company’s stock worth $4,680,000 after acquiring an additional 14,859 shares in the last quarter. IHT Wealth Management LLC bought a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 2nd quarter worth approximately $322,000. Finally, Tower Research Capital LLC TRC bought a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 3rd quarter worth approximately $1,282,000.

About BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

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