BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Stock Short Interest Report for October

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 22,519 shares, a growth of 287.3% from the October 15th total of 5,814 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 37,428 shares, the short-interest ratio is presently 0.6 days.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Performance

Shares of XFIV traded down $0.06 during midday trading on Friday, hitting $46.86. The company had a trading volume of 26,138 shares, compared to its average volume of 72,144. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 1 year low of $46.44 and a 1 year high of $50.19. The company’s 50-day simple moving average is $47.12 and its 200-day simple moving average is $48.39.

Hedge Funds Weigh In On BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Kestra Investment Management LLC increased its holdings in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 4.3% during the 3rd quarter. Kestra Investment Management LLC now owns 539,481 shares of the company’s stock valued at $25,172,000 after acquiring an additional 22,443 shares in the last quarter. Gradient Investments LLC purchased a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the third quarter valued at about $22,544,000. Bank of America Corp DE grew its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 26.3% in the first quarter. Bank of America Corp DE now owns 421,177 shares of the company’s stock valued at $20,705,000 after purchasing an additional 87,796 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 30.7% in the second quarter. Envestnet Asset Management Inc. now owns 302,719 shares of the company’s stock valued at $14,736,000 after purchasing an additional 71,027 shares during the last quarter. Finally, Arvest Investments Inc. acquired a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the third quarter valued at approximately $11,992,000.

About BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

The Bondbloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) 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 five years. XFIV was launched on Sep 13, 2022 and is managed by BondBloxx.