Short Interest in Quadratic Deflation ETF (NYSEARCA:BNDD) Decreases By 67.2%

Quadratic Deflation ETF (NYSEARCA:BNDD) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 39 shares, a decrease of 67.2% from the April 15th total of 119 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 583 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Quadratic Deflation ETF

An institutional investor recently bought a new position in Quadratic Deflation ETF stock. Boyd Watterson Asset Management LLC OH purchased a new stake in Quadratic Deflation ETF (NYSEARCA:BNDD) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 266 shares of the company’s stock, valued at approximately $26,000. Boyd Watterson Asset Management LLC OH owned approximately 0.30% of Quadratic Deflation ETF as of its most recent SEC filing.

Quadratic Deflation ETF Stock Down 1.0%

Shares of BNDD stock traded down $0.96 on Friday, hitting $96.52. 72 shares of the stock were exchanged, compared to its average volume of 1,564. Quadratic Deflation ETF has a one year low of $94.64 and a one year high of $102.28. The firm’s 50 day moving average is $98.15 and its two-hundred day moving average is $97.97.

Quadratic Deflation ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were issued a $0.2963 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Thursday, February 26th. This is an increase from Quadratic Deflation ETF’s previous monthly dividend of $0.29.

Quadratic Deflation ETF Company Profile

The Quadratic Deflation ETF (BNDD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US Treasuries and options strategies tied to the shape of the US interest rate swap curve. BNDD was launched on Sep 21, 2021 and is managed by KraneShares.