Build Bond Innovation ETF (NYSEARCA:BFIX) Short Interest Down 97.5% in February

Build Bond Innovation ETF (NYSEARCA:BFIX) saw a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 194 shares, a drop of 97.5% from the February 12th total of 7,820 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,779 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 1,779 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Build Bond Innovation ETF Stock Performance

Shares of NYSEARCA:BFIX traded up $0.01 on Tuesday, hitting $25.45. 1,513 shares of the company were exchanged, compared to its average volume of 1,772. The company’s 50 day moving average price is $25.51 and its two-hundred day moving average price is $25.39. Build Bond Innovation ETF has a one year low of $24.51 and a one year high of $26.85.

Build Bond Innovation ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were paid a dividend of $0.0655 per share. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date was Thursday, February 26th.

Hedge Funds Weigh In On Build Bond Innovation ETF

Several large investors have recently added to or reduced their stakes in the company. Blue Jean Financial LLC bought a new stake in shares of Build Bond Innovation ETF in the 4th quarter worth approximately $1,350,000. Vista Investment Partners II LLC grew its holdings in shares of Build Bond Innovation ETF by 54.1% during the 4th quarter. Vista Investment Partners II LLC now owns 28,926 shares of the company’s stock worth $731,000 after purchasing an additional 10,150 shares in the last quarter. Orion Porfolio Solutions LLC increased its position in shares of Build Bond Innovation ETF by 12.7% during the fourth quarter. Orion Porfolio Solutions LLC now owns 26,070 shares of the company’s stock valued at $659,000 after purchasing an additional 2,930 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Build Bond Innovation ETF during the second quarter valued at approximately $266,000.

About Build Bond Innovation ETF

The Build Bond Innovation ETF (BFIX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a broad-based global portfolio of investment grade fixed income securities and US equity call options tied to the upside performance of the S&P 500 Index. BFIX was launched on Feb 9, 2022 and is managed by Build.