Quadratic Deflation ETF (NYSEARCA:BNDD) Short Interest Down 86.0% in July

Quadratic Deflation ETF (NYSEARCA:BNDD) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 522 shares, a drop of 86.0% from the July 15th total of 3,738 shares. Based on an average daily trading volume, of 57,518 shares, the short-interest ratio is currently 0.0 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Trading of Quadratic Deflation ETF

A number of institutional investors and hedge funds have recently modified their holdings of BNDD. Worth Asset Management LLC bought a new position in Quadratic Deflation ETF in the second quarter worth $235,000. Boyd Watterson Asset Management LLC OH bought a new stake in Quadratic Deflation ETF in the 1st quarter valued at $26,000. Finally, Hilltop Holdings Inc. bought a new stake in Quadratic Deflation ETF in the 4th quarter valued at $1,472,000.

Quadratic Deflation ETF Trading Down 0.1%

BNDD traded down $0.13 on Thursday, hitting $95.64. 9,916 shares of the stock traded hands, compared to its average volume of 13,755. Quadratic Deflation ETF has a 52 week low of $94.64 and a 52 week high of $102.28. The business has a fifty day moving average price of $98.53 and a two-hundred day moving average price of $98.07.

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.