BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Short Interest Up 67.9% in May

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 179,470 shares, an increase of 67.9% from the April 30th total of 106,868 shares. Based on an average trading volume of 120,101 shares, the short-interest ratio is currently 1.5 days. Approximately 0.8% of the company’s shares are short sold.

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

Several institutional investors have recently made changes to their positions in the stock. CIBC Private Wealth Group LLC purchased a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the 4th quarter worth $34,000. EverSource Wealth Advisors LLC increased its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 44.8% during the second quarter. EverSource Wealth Advisors LLC now owns 763 shares of the company’s stock worth $35,000 after acquiring an additional 236 shares during the last quarter. Blue Trust Inc. increased its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 40.0% during the first quarter. Blue Trust Inc. now owns 980 shares of the company’s stock worth $45,000 after acquiring an additional 280 shares during the last quarter. Beacon Capital Management Inc. raised its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 302.0% in the 4th quarter. Beacon Capital Management Inc. now owns 1,182 shares of the company’s stock worth $55,000 after purchasing an additional 888 shares during the period. Finally, CoreCap Advisors LLC raised its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 28.2% in the 4th quarter. CoreCap Advisors LLC now owns 1,387 shares of the company’s stock worth $64,000 after purchasing an additional 305 shares during the period.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Stock Performance

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF stock opened at $45.23 on Friday. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 1 year low of $44.35 and a 1 year high of $47.50. The firm has a 50 day moving average price of $45.52 and a 200 day moving average price of $46.14.

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.