BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) Shares Shorted: Short Interest Down 94.4% in October

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 42,983 shares, a decline of 94.4% from the September 30th total of 769,860 shares. Based on an average daily volume of 37,392 shares, the short-interest ratio is currently 1.1 days. Approximately 1.3% of the company’s stock are short sold.

Hedge Funds Weigh In On BondBloxx Bloomberg Three Year Target Duration US Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. North Forty Two & Co. bought a new stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the 3rd quarter worth $582,000. Citadel Advisors LLC bought a new position in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF in the 2nd quarter worth $712,000. Dynamic Advisor Solutions LLC raised its holdings in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 25.4% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 116,969 shares of the company’s stock worth $5,735,000 after acquiring an additional 23,708 shares during the period. S&A Financial Services Inc. bought a new position in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF in the 1st quarter worth $570,000. Finally, NewEdge Advisors LLC lifted its position in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 11.8% during the 1st quarter. NewEdge Advisors LLC now owns 19,980 shares of the company’s stock worth $989,000 after acquiring an additional 2,108 shares during the last quarter.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Stock Down 0.0%

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF stock traded down $0.02 during trading hours on Monday, hitting $48.20. The company had a trading volume of 17,198 shares, compared to its average volume of 53,359. The firm’s fifty day moving average is $48.24 and its 200-day moving average is $49.04. BondBloxx Bloomberg Three Year Target Duration US Treasury ETF has a fifty-two week low of $47.71 and a fifty-two week 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.