BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Sees Significant Decrease in Short Interest

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 1,391 shares, a decline of 86.4% from the September 30th total of 10,208 shares. Based on an average daily volume of 48,278 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On BondBloxx IR+M Tax-Aware Short Duration ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Impact Partnership Wealth LLC purchased a new position in BondBloxx IR+M Tax-Aware Short Duration ETF during the first quarter valued at approximately $446,000. Bridgewater Advisors Inc. acquired a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the 1st quarter valued at $497,000. Gradient Investments LLC acquired a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the 3rd quarter valued at $544,000. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the 1st quarter valued at $723,000. Finally, Citadel Advisors LLC boosted its holdings in BondBloxx IR+M Tax-Aware Short Duration ETF by 7.8% during the second quarter. Citadel Advisors LLC now owns 20,231 shares of the company’s stock worth $1,027,000 after buying an additional 1,456 shares in the last quarter.

BondBloxx IR+M Tax-Aware Short Duration ETF Stock Performance

Shares of TAXX traded up $0.03 during midday trading on Tuesday, hitting $50.23. 2,177 shares of the company’s stock traded hands, compared to its average volume of 39,085. BondBloxx IR+M Tax-Aware Short Duration ETF has a 1 year low of $49.72 and a 1 year high of $51.13. The firm’s fifty day moving average is $50.16 and its 200-day moving average is $50.55.

About BondBloxx IR+M Tax-Aware Short Duration ETF

(Get Free Report)

The BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking attractive after-tax income while preserving capital through investments in USD-denominated municipal and taxable short-duration fixed income securities. TAXX was launched on Mar 14, 2024 and is issued by BondBloxx.

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