Build Bond Innovation ETF (NYSEARCA:BFIX) Short Interest Update

Build Bond Innovation ETF (NYSEARCA:BFIX) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 9,868 shares, a decrease of 80.0% from the July 15th total of 49,243 shares. Based on an average daily volume of 1,245 shares, the short-interest ratio is presently 7.9 days. Approximately 1.8% of the company’s shares are sold short.

Build Bond Innovation ETF Stock Performance

BFIX opened at $24.98 on Wednesday. Build Bond Innovation ETF has a 52 week low of $24.59 and a 52 week high of $26.60. The business has a fifty day simple moving average of $25.07 and a 200-day simple moving average of $25.29.

Hedge Funds Weigh In On Build Bond Innovation ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BFIX. Royal Bank of Canada purchased a new stake in Build Bond Innovation ETF during the first quarter worth about $66,000. Jane Street Group LLC purchased a new position in shares of Build Bond Innovation ETF in the second quarter valued at approximately $266,000. Orion Porfolio Solutions LLC boosted its stake in shares of Build Bond Innovation ETF by 8.0% in the third quarter. Orion Porfolio Solutions LLC now owns 23,140 shares of the company’s stock valued at $585,000 after purchasing an additional 1,713 shares during the period. Finally, Blue Jean Financial LLC purchased a new position in shares of Build Bond Innovation ETF in the fourth quarter valued at approximately $1,350,000.

Build Bond Innovation ETF Company Profile

The Build Bond Innovation ETF (BFIX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a broad-based global portfolio of investment grade fixed income securities and US equity call options tied to the upside performance of the S&P 500 Index. BFIX was launched on Feb 9, 2022 and is managed by Build.