Short Interest in BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Expands By 123.5%

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 20,662 shares, a growth of 123.5% from the November 30th total of 9,243 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 23,936 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 23,936 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the company’s stock are sold short.

BondBloxx IR+M Tax-Aware Short Duration ETF Price Performance

Shares of NYSEARCA TAXX opened at $50.88 on Friday. The business’s 50-day simple moving average is $50.81 and its 200-day simple moving average is $50.79. BondBloxx IR+M Tax-Aware Short Duration ETF has a 52 week low of $49.80 and a 52 week high of $51.20.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF during the second quarter valued at about $32,000. JPMorgan Chase & Co. acquired a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the 3rd quarter worth about $174,000. Guild Investment Management Inc. acquired a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the 3rd quarter worth about $204,000. Farther Finance Advisors LLC boosted its stake in BondBloxx IR+M Tax-Aware Short Duration ETF by 12.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,015 shares of the company’s stock valued at $205,000 after purchasing an additional 455 shares during the period. Finally, Inspire Advisors LLC acquired a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF in the 2nd quarter valued at approximately $273,000.

BondBloxx IR+M Tax-Aware Short Duration ETF Company Profile

The BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking attractive after-tax income while preserving capital through investments in USD-denominated municipal and taxable short-duration fixed income securities. TAXX was launched on Mar 14, 2024 and is issued by BondBloxx.