BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) Sees Large Growth in Short Interest

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXMGet Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 2,144 shares, an increase of 103.2% from the February 12th total of 1,055 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 1,170 shares, the short-interest ratio is presently 1.8 days. Based on an average trading volume of 1,170 shares, the short-interest ratio is presently 1.8 days. Currently, 0.5% of the shares of the company are sold short.

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents Price Performance

Shares of NYSEARCA TAXM traded up $0.05 during midday trading on Friday, reaching $50.23. 2,139 shares of the stock were exchanged, compared to its average volume of 3,931. The firm has a 50-day simple moving average of $50.57 and a two-hundred day simple moving average of $50.31. BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents has a twelve month low of $48.33 and a twelve month high of $51.26.

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.1536 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Investors Weigh In On BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

Several institutional investors and hedge funds have recently added to or reduced their stakes in TAXM. Jane Street Group LLC boosted its holdings in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents by 82.8% in the 4th quarter. Jane Street Group LLC now owns 18,988 shares of the company’s stock worth $954,000 after acquiring an additional 8,600 shares during the period. Plum Street Advisors LLC purchased a new stake in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents during the fourth quarter valued at approximately $306,000. Citadel Advisors LLC raised its stake in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents by 86.8% during the third quarter. Citadel Advisors LLC now owns 9,503 shares of the company’s stock valued at $477,000 after purchasing an additional 4,415 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new position in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents during the fourth quarter worth $387,000.

About BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

(Get Free Report)

The BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a portfolio of US dollar-denominated municipal securities and taxable fixed income instruments, aiming to provide attractive after-tax income specifically for Massachusetts residents. TAXM was launched on Mar 13, 2025 and is issued by BondBloxx.

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