BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) Shares Shorted: Short Interest Down 91.0% in September

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 2,030 shares, a decrease of 91.0% from the August 31st total of 22,482 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 51,427 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in XTRE. Straightline Group LLC boosted its position in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 1.8% in the fourth quarter. Straightline Group LLC now owns 1,001,869 shares of the company’s stock worth $49,810,000 after purchasing an additional 18,175 shares during the period. Nemes Rush Group LLC raised its position in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 28.6% during the 4th quarter. Nemes Rush Group LLC now owns 239,159 shares of the company’s stock valued at $11,901,000 after purchasing an additional 53,234 shares during the period. Dynamic Advisor Solutions LLC raised its position in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 25.4% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 116,969 shares of the company’s stock valued at $5,735,000 after purchasing an additional 23,708 shares during the period. Bank of America Corp DE lifted its stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 2.7% during the 1st quarter. Bank of America Corp DE now owns 99,419 shares of the company’s stock valued at $4,922,000 after buying an additional 2,591 shares in the last quarter. Finally, Mattson Financial Services LLC lifted its stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 15.5% during the 4th quarter. Mattson Financial Services LLC now owns 88,215 shares of the company’s stock valued at $4,390,000 after buying an additional 11,826 shares in the last quarter.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Trading Down 0.1%

Shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF stock traded down $0.04 on Thursday, hitting $47.85. 6,146 shares of the company’s stock were exchanged, compared to its average volume of 45,496. The company has a 50-day simple moving average of $48.58 and a 200-day simple moving average of $48.97. BondBloxx Bloomberg Three Year Target Duration US Treasury ETF has a 1 year low of $47.83 and a 1 year 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.