BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Sees Large Increase in Short Interest

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 42,500 shares, a growth of 185.2% from the September 15th total of 14,900 shares. Based on an average daily trading volume, of 63,100 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 63,100 shares, the days-to-cover ratio is presently 0.7 days.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Trading Up 0.1%

XFIV stock opened at $49.93 on Tuesday. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 12-month low of $47.43 and a 12-month high of $49.96. The business’s fifty day moving average price is $49.58 and its 200 day moving average price is $49.13.

Institutional Investors Weigh In On BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Janney Montgomery Scott LLC raised its holdings in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 2.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 41,586 shares of the company’s stock valued at $2,052,000 after buying an additional 1,083 shares during the period. Beacon Capital Management LLC increased its holdings in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 11,237.5% during the 2nd quarter. Beacon Capital Management LLC now owns 907 shares of the company’s stock worth $45,000 after purchasing an additional 899 shares during the period. CWM LLC increased its holdings in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 7.3% during the 1st quarter. CWM LLC now owns 8,225 shares of the company’s stock worth $404,000 after purchasing an additional 559 shares during the period. Mattson Financial Services LLC increased its holdings in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 90.9% during the 1st quarter. Mattson Financial Services LLC now owns 113,940 shares of the company’s stock worth $5,592,000 after purchasing an additional 54,256 shares during the period. Finally, Financial Guidance Group Inc. purchased a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 2nd quarter worth about $2,235,000.

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.