Quadratic Deflation ETF (NYSEARCA:BNDD) Stock Short Interest Report for September

Quadratic Deflation ETF (NYSEARCA:BNDD) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 20 shares, a decrease of 59.2% from the September 15th total of 49 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 426 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Quadratic Deflation ETF

An institutional investor recently bought a new stake in Quadratic Deflation ETF stock. Worth Asset Management LLC bought a new position in shares of Quadratic Deflation ETF (NYSEARCA:BNDD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,319 shares of the company’s stock, valued at approximately $235,000. Worth Asset Management LLC owned approximately 0.40% of Quadratic Deflation ETF at the end of the most recent quarter.

Quadratic Deflation ETF Trading Up 0.6%

Quadratic Deflation ETF stock traded up $0.55 during mid-day trading on Thursday, hitting $96.17. 462 shares of the company’s stock traded hands, compared to its average volume of 10,917. The firm has a 50 day simple moving average of $96.09 and a two-hundred day simple moving average of $97.54. Quadratic Deflation ETF has a fifty-two week low of $93.76 and a fifty-two week high of $102.28.

Quadratic Deflation ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a $0.2886 dividend. This represents a $3.46 annualized dividend and a dividend yield of 3.6%. This is a decrease from Quadratic Deflation ETF’s previous monthly dividend of $0.2902. The ex-dividend date was Tuesday, September 29th.

About Quadratic Deflation ETF

The Quadratic Deflation ETF (BNDD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US Treasuries and options strategies tied to the shape of the US interest rate swap curve. BNDD was launched on Sep 21, 2021 and is managed by KraneShares.