Short Interest in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Decreases By 79.3%

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 66,677 shares, a decrease of 79.3% from the August 15th total of 322,777 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 216,027 shares, the days-to-cover ratio is currently 0.3 days.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

Shares of XHLF stock opened at $50.19 on Friday. The firm has a 50 day moving average price of $50.23 and a two-hundred day moving average price of $50.25. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 12-month low of $50.14 and a 12-month high of $50.42.

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

A number of large investors have recently made changes to their positions in XHLF. IFP Advisors Inc boosted its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 600.0% in the 3rd quarter. IFP Advisors Inc now owns 700 shares of the company’s stock valued at $35,000 after purchasing an additional 600 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,779.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 921 shares of the company’s stock worth $46,000 after buying an additional 872 shares during the period. Lloyd Advisory Services LLC. bought a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 4th quarter worth $55,000. Nemes Rush Group LLC increased its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 39.9% during the 4th quarter. Nemes Rush Group LLC now owns 1,391 shares of the company’s stock worth $70,000 after buying an additional 397 shares during the period. Finally, NBH Bank acquired a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the second quarter worth $70,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

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.