BondBloxx IR+M Tax-Aware Intermediate Duration ETF (NYSEARCA:TXXI) Short Interest Down 53.0% in May

BondBloxx IR+M Tax-Aware Intermediate Duration ETF (NYSEARCA:TXXI) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,017 shares, a drop of 53.0% from the April 30th total of 8,554 shares. Based on an average daily volume of 5,019 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.7% of the company’s stock are short sold.

Hedge Funds Weigh In On BondBloxx IR+M Tax-Aware Intermediate Duration ETF

A number of hedge funds have recently added to or reduced their stakes in TXXI. Captrust Financial Advisors acquired a new position in BondBloxx IR+M Tax-Aware Intermediate Duration ETF during the 4th quarter valued at about $2,902,000. Orion Porfolio Solutions LLC acquired a new position in BondBloxx IR+M Tax-Aware Intermediate Duration ETF during the 3rd quarter valued at about $2,204,000. Impact Partnership Wealth LLC acquired a new position in BondBloxx IR+M Tax-Aware Intermediate Duration ETF during the 1st quarter valued at about $661,000. Jane Street Group LLC acquired a new position in BondBloxx IR+M Tax-Aware Intermediate Duration ETF during the 2nd quarter valued at about $557,000. Finally, BCGM Wealth Management LLC boosted its stake in BondBloxx IR+M Tax-Aware Intermediate Duration ETF by 11.9% during the 1st quarter. BCGM Wealth Management LLC now owns 75,493 shares of the company’s stock valued at $3,787,000 after purchasing an additional 8,028 shares during the last quarter.

BondBloxx IR+M Tax-Aware Intermediate Duration ETF Stock Performance

NYSEARCA TXXI traded up $0.04 during mid-day trading on Friday, hitting $50.67. The company’s stock had a trading volume of 374 shares, compared to its average volume of 4,235. The company’s 50 day simple moving average is $50.40 and its 200 day simple moving average is $50.64. BondBloxx IR+M Tax-Aware Intermediate Duration ETF has a twelve month low of $48.99 and a twelve month high of $55.78.

BondBloxx IR+M Tax-Aware Intermediate Duration ETF Company Profile

The BondBloxx IR+M Tax-Aware Intermediate Duration ETF (TXXI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a diversified portfolio of US dollar-denominated municipal and taxable fixed income securities, seeking to provide attractive after-tax income while maintaining capital preservation. TXXI was launched on Mar 13, 2025 and is issued by BondBloxx.