BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) Short Interest Up 234.6% in June

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 32,448 shares, an increase of 234.6% from the June 15th total of 9,698 shares. Based on an average trading volume of 38,575 shares, the short-interest ratio is currently 0.8 days. Approximately 0.9% of the shares of the stock are sold short.

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

A number of institutional investors have recently bought and sold shares of XTRE. Global Retirement Partners LLC increased its position in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 177.6% in the fourth quarter. Global Retirement Partners LLC now owns 1,002 shares of the company’s stock valued at $50,000 after buying an additional 641 shares in the last quarter. Tucker Asset Management LLC acquired a new position in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the 4th quarter worth $60,000. AQR Capital Management LLC acquired a new position in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the 4th quarter worth $210,000. Cetera Investment Advisers purchased a new stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF in the 4th quarter worth about $231,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 12.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 4,770 shares of the company’s stock worth $236,000 after buying an additional 525 shares in the last quarter.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA:XTRE opened at $48.82 on Monday. The business’s 50 day simple moving average is $49.00 and its 200-day simple moving average is $49.43. BondBloxx Bloomberg Three Year Target Duration US Treasury ETF has a 12 month low of $48.75 and a 12 month high of $50.15.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Company Profile

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