BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Significant Drop in Short Interest

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 66,677 shares, a drop of 79.3% from the August 15th total of 322,777 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 216,027 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Bank OZK lifted its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 5.6% in the second quarter. Bank OZK now owns 5,627 shares of the company’s stock valued at $283,000 after buying an additional 299 shares during the last quarter. Nemes Rush Group LLC grew its holdings in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 39.9% in the 4th quarter. Nemes Rush Group LLC now owns 1,391 shares of the company’s stock valued at $70,000 after buying an additional 397 shares in the last quarter. Gibbs Wealth Management grew its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 5.4% in the first quarter. Gibbs Wealth Management now owns 9,358 shares of the company’s stock valued at $471,000 after acquiring an additional 478 shares in the last quarter. Stadion Money Management LLC grew its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 0.3% during the 4th quarter. Stadion Money Management LLC now owns 172,629 shares of the company’s stock worth $8,675,000 after purchasing an additional 600 shares in the last quarter. Finally, IFP Advisors Inc grew its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 600.0% during the third quarter. IFP Advisors Inc now owns 700 shares of the company’s stock worth $35,000 after buying an additional 600 shares in the last quarter.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Trading Up 0.0%

XHLF traded up $0.01 during mid-day trading on Friday, hitting $50.18. The stock had a trading volume of 484,570 shares, compared to its average volume of 408,999. The stock’s fifty day simple moving average is $50.23 and its 200-day simple moving average is $50.25. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 1-year low of $50.14 and a 1-year high of $50.42.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.