BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Short Interest Down 64.7% in July

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 103,251 shares, a decrease of 64.7% from the July 15th total of 292,107 shares. Based on an average daily trading volume, of 238,435 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the company’s shares are short sold.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Stock Down 0.4%

NYSEARCA XTEN traded down $0.19 during trading hours on Friday, reaching $44.29. The company’s stock had a trading volume of 194,849 shares, compared to its average volume of 212,151. The firm has a fifty day simple moving average of $44.94 and a 200-day simple moving average of $45.59. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 52 week low of $44.12 and a 52 week high of $47.50.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in XTEN. Goldman Sachs Group Inc. bought a new stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the 1st quarter valued at about $306,000. EverSource Wealth Advisors LLC increased its holdings in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 44.8% in the second quarter. EverSource Wealth Advisors LLC now owns 763 shares of the company’s stock worth $35,000 after purchasing an additional 236 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the second quarter valued at approximately $315,000. Jane Street Group LLC increased its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 322.3% in the second quarter. Jane Street Group LLC now owns 107,764 shares of the company’s stock valued at $4,974,000 after purchasing an additional 82,247 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 47.9% in the second quarter. Bank of America Corp DE now owns 928,641 shares of the company’s stock worth $42,866,000 after acquiring an additional 300,912 shares in the last quarter.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Company Profile

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.