Short Interest in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) Increases By 234.6%

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 32,448 shares, a growth of 234.6% from the June 15th total of 9,698 shares. Based on an average daily volume of 38,575 shares, the short-interest ratio is currently 0.8 days. Currently, 0.9% of the shares of the stock are short sold.

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

Several large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. bought a new position in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF in the first quarter valued at about $424,000. Ausdal Financial Partners Inc. acquired a new stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF in the 2nd quarter valued at approximately $1,886,000. Jane Street Group LLC boosted its stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 83.6% in the 2nd quarter. Jane Street Group LLC now owns 22,254 shares of the company’s stock valued at $1,108,000 after purchasing an additional 10,135 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 57.0% during the 2nd quarter. Bank of America Corp DE now owns 81,709 shares of the company’s stock valued at $4,067,000 after purchasing an additional 29,659 shares during the last quarter. Finally, IHT Wealth Management LLC bought a new stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the 2nd quarter valued at approximately $336,000.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Stock Up 0.2%

Shares of XTRE stock opened at $48.84 on Wednesday. BondBloxx Bloomberg Three Year Target Duration US Treasury ETF has a fifty-two week low of $48.72 and a fifty-two week high of $50.15. The stock’s fifty day moving average price is $48.98 and its two-hundred day moving average price is $49.42.

About BondBloxx Bloomberg Three Year Target Duration US Treasury ETF

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.