BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) Shares Shorted: Short Interest Down 59.5% in September

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 8,505 shares, a decline of 59.5% from the September 15th total of 21,018 shares. Based on an average daily volume of 164,416 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Stock Up 0.2%

XSVN stock traded up $0.07 during trading on Tuesday, hitting $44.79. 64,142 shares of the company’s stock traded hands, compared to its average volume of 81,282. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF has a 52 week low of $44.33 and a 52 week high of $48.98. The stock has a fifty day moving average price of $45.77 and a two-hundred day moving average price of $46.67.

Institutional Trading of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF

A number of institutional investors and hedge funds have recently made changes to their positions in XSVN. RDA Financial Network lifted its holdings in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 5.7% in the 2nd quarter. RDA Financial Network now owns 4,988 shares of the company’s stock worth $236,000 after purchasing an additional 268 shares during the last quarter. Citadel Advisors LLC boosted its position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 25.0% during the 2nd quarter. Citadel Advisors LLC now owns 9,715 shares of the company’s stock valued at $459,000 after purchasing an additional 1,945 shares during the period. Faithward Advisors LLC grew its stake in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 11.5% during the 4th quarter. Faithward Advisors LLC now owns 10,371 shares of the company’s stock worth $498,000 after buying an additional 1,070 shares during the last quarter. Brookstone Capital Management bought a new position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the 1st quarter worth $842,000. Finally, Armstrong Advisory Group Inc. grew its stake in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 80,719.2% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 21,013 shares of the company’s stock worth $938,000 after buying an additional 20,987 shares during the last quarter.

About BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF

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