Short Interest in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Drops By 93.2%

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 8,918 shares, a decrease of 93.2% from the December 31st total of 131,457 shares. Based on an average trading volume of 530,516 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 530,516 shares, the short-interest ratio is presently 0.0 days.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XHLF remained flat at $50.36 during midday trading on Wednesday. 2,052,792 shares of the stock were exchanged, compared to its average volume of 745,927. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 12 month low of $50.17 and a 12 month high of $50.42. The stock has a fifty day simple moving average of $50.32 and a 200 day simple moving average of $50.32.

Hedge Funds Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Laurel Wealth Advisors LLC increased its holdings in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 5,375.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 6,558,296 shares of the company’s stock worth $330,145,000 after purchasing an additional 6,438,526 shares in the last quarter. Q3 Asset Management bought a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the second quarter worth approximately $172,701,000. Total Investment Management Inc. bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 2nd quarter worth approximately $93,670,000. Pasadena Private Wealth LLC bought a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 3rd quarter valued at $20,397,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,215.1% in the second quarter. Envestnet Asset Management Inc. now owns 347,553 shares of the company’s stock worth $17,496,000 after purchasing an additional 321,125 shares in the last quarter.

About BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.