BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Short Interest Up 188.1% in December

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 131,457 shares, an increase of 188.1% from the December 15th total of 45,627 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 303,353 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 303,353 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the company’s stock are sold short.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Down 0.0%

Shares of XHLF stock opened at $50.30 on Friday. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a fifty-two week low of $50.17 and a fifty-two week high of $50.42. The stock’s 50-day moving average is $50.31 and its two-hundred day moving average is $50.31.

Hedge Funds Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Hedge funds have recently added to or reduced their stakes in the company. Belpointe Asset Management LLC lifted its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 3.7% in the second quarter. Belpointe Asset Management LLC now owns 6,441 shares of the company’s stock valued at $324,000 after acquiring an additional 227 shares during the last quarter. Ellis Investment Partners LLC raised its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 3.6% during the 3rd quarter. Ellis Investment Partners LLC now owns 9,514 shares of the company’s stock valued at $480,000 after purchasing an additional 331 shares in the last quarter. Portside Wealth Group LLC lifted its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 0.6% in the 2nd quarter. Portside Wealth Group LLC now owns 54,046 shares of the company’s stock valued at $2,721,000 after purchasing an additional 347 shares during the last quarter. ST Germain D J Co. Inc. bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the third quarter worth $25,000. Finally, Argus Investors Counsel Inc. boosted its holdings in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 4.9% in the third quarter. Argus Investors Counsel Inc. now owns 10,781 shares of the company’s stock worth $544,000 after purchasing an additional 500 shares in the last quarter.

About BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

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.