BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Short Interest Update

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 23,461 shares, a drop of 35.0% from the May 31st total of 36,071 shares. Based on an average daily volume of 36,377 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are short sold.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Down 0.5%

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF stock opened at $48.44 on Thursday. The company has a fifty day moving average price of $48.66 and a two-hundred day moving average price of $49.16. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 12 month low of $48.17 and a 12 month high of $50.19.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. S&A Financial Services Inc. acquired a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the first quarter worth about $1,924,000. Bank of America Corp DE lifted its holdings in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 26.3% in the 1st quarter. Bank of America Corp DE now owns 421,177 shares of the company’s stock worth $20,705,000 after purchasing an additional 87,796 shares during the last quarter. Strait & Sound Wealth Management LLC acquired a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter valued at approximately $250,000. Centaurus Financial Inc. bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter worth $103,000. Finally, Sigma Planning Corp bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter worth $375,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Company Profile

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