BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Stock Short Interest Climbs 104.7%

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 47,146 shares, a growth of 104.7% from the September 15th total of 23,036 shares. Based on an average daily volume of 622,614 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Trading of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Focus Financial Network Inc. grew its position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 1.7% during the third quarter. Focus Financial Network Inc. now owns 41,370 shares of the company’s stock valued at $1,753,000 after acquiring an additional 696 shares during the last quarter. XY Planning Network Inc. raised its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 6.2% during the third quarter. XY Planning Network Inc. now owns 27,440 shares of the company’s stock worth $1,163,000 after acquiring an additional 1,595 shares in the last quarter. Sax Wealth Advisors LLC purchased a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the third quarter worth approximately $652,000. Midwest Financial Network LLC raised its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 15.1% during the third quarter. Midwest Financial Network LLC now owns 6,267 shares of the company’s stock worth $266,000 after acquiring an additional 822 shares in the last quarter. Finally, Balefire LLC lifted its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 54.6% in the 3rd quarter. Balefire LLC now owns 29,795 shares of the company’s stock worth $1,263,000 after acquiring an additional 10,520 shares during the last quarter.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Trading Up 0.3%

Shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF stock opened at $42.53 on Wednesday. The business’s 50-day moving average price is $43.61 and its 200-day moving average price is $44.70. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 12 month low of $41.84 and a 12 month high of $47.50.

About BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

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.