BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) Short Interest Update

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) was the recipient of a large growth in short interest in 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 trading volume of 38,575 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.9% of the company’s stock are sold short.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Stock Performance

Shares of XTRE stock traded up $0.10 during trading on Tuesday, hitting $48.84. 6,522 shares of the company were exchanged, compared to its average volume of 47,229. The business’s 50-day simple moving average is $48.99 and its 200 day simple moving average is $49.42. BondBloxx Bloomberg Three Year Target Duration US Treasury ETF has a twelve month low of $48.72 and a twelve month high of $50.15.

Institutional Investors Weigh In On BondBloxx Bloomberg Three Year Target Duration US Treasury ETF

Institutional investors have recently modified their holdings of the stock. Straightline Group LLC increased its stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 1.8% in the fourth quarter. Straightline Group LLC now owns 1,001,869 shares of the company’s stock worth $49,810,000 after acquiring an additional 18,175 shares during the last quarter. Gradient Investments LLC grew its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 11.2% in the fourth quarter. Gradient Investments LLC now owns 771,343 shares of the company’s stock valued at $38,383,000 after purchasing an additional 77,936 shares in the last quarter. Nemes Rush Group LLC grew its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 28.6% in the fourth quarter. Nemes Rush Group LLC now owns 239,159 shares of the company’s stock valued at $11,901,000 after purchasing an additional 53,234 shares in the last quarter. AE Wealth Management LLC grew its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 18.7% in the fourth quarter. AE Wealth Management LLC now owns 136,148 shares of the company’s stock valued at $6,775,000 after purchasing an additional 21,448 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its position in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 25.4% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 116,969 shares of the company’s stock worth $5,735,000 after purchasing an additional 23,708 shares during the last quarter.

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.