BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Short Interest Down 71.4% in January

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 15,863 shares, a decrease of 71.4% from the December 31st total of 55,443 shares. Based on an average daily trading volume, of 124,352 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 124,352 shares, the days-to-cover ratio is presently 0.1 days.

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

Several institutional investors have recently bought and sold shares of the business. Blue Trust Inc. purchased a new stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the third quarter worth $33,000. EverSource Wealth Advisors LLC raised its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 44.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 763 shares of the company’s stock worth $35,000 after acquiring an additional 236 shares in the last quarter. CoreCap Advisors LLC lifted its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 64.2% during the 3rd quarter. CoreCap Advisors LLC now owns 1,082 shares of the company’s stock worth $50,000 after purchasing an additional 423 shares during the last quarter. Transce3nd LLC boosted its position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 38.9% during the second quarter. Transce3nd LLC now owns 1,503 shares of the company’s stock valued at $69,000 after purchasing an additional 421 shares in the last quarter. Finally, Spire Wealth Management grew its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 99.9% in the second quarter. Spire Wealth Management now owns 1,895 shares of the company’s stock valued at $87,000 after purchasing an additional 947 shares during the last quarter.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Stock Performance

Shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF stock traded down $0.00 during trading on Friday, hitting $46.25. 76,220 shares of the stock traded hands, compared to its average volume of 111,418. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 52-week low of $44.38 and a 52-week high of $47.82. The stock’s fifty day simple moving average is $46.45 and its 200 day simple moving average is $46.41.

About BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

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.