BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Short Interest Update

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 64,946 shares, a drop of 58.3% from the June 30th total of 155,591 shares. Based on an average trading volume of 86,702 shares, the short-interest ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are short sold.

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

A number of institutional investors have recently modified their holdings of the company. Smith Moore & CO. boosted its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 7.9% during the 4th quarter. Smith Moore & CO. now owns 799,806 shares of the company’s stock worth $39,735,000 after buying an additional 58,673 shares during the period. Nemes Rush Group LLC grew its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 28.3% in the 4th quarter. Nemes Rush Group LLC now owns 199,054 shares of the company’s stock valued at $9,860,000 after buying an additional 43,949 shares during the last quarter. GatePass Capital LLC bought a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 4th quarter worth $1,610,000. Compass Financial Group Inc. Ohio bought a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 4th quarter worth $6,353,000. Finally, Laurel Wealth Advisors LLC lifted its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 62.0% during the 4th quarter. Laurel Wealth Advisors LLC now owns 38,935 shares of the company’s stock worth $1,929,000 after acquiring an additional 14,900 shares during the last quarter. Institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance

XONE opened at $49.31 on Monday. The business has a 50 day moving average price of $49.32 and a 200 day moving average price of $49.44. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a twelve month low of $49.20 and a twelve month high of $49.70. The firm has a market cap of $784.52 million, a P/E ratio of -52.46 and a beta of 0.01.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) 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 one year. XONE was launched on Sep 13, 2022 and is managed by BondBloxx.