BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Short Interest Update

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 64,946 shares, a drop of 58.3% from the June 30th total of 155,591 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 86,702 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the first quarter worth $1,863,000. Flow Traders U.S. LLC bought a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the second quarter valued at about $275,000. NewEdge Advisors LLC raised its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 176.5% during the second quarter. NewEdge Advisors LLC now owns 101,277 shares of the company’s stock valued at $5,026,000 after buying an additional 64,655 shares in the last quarter. Diversify Wealth Management LLC lifted its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 17.7% in the second quarter. Diversify Wealth Management LLC now owns 13,465 shares of the company’s stock worth $667,000 after buying an additional 2,021 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the second quarter worth about $993,000. Institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance

NYSEARCA XONE opened at $49.31 on Monday. The stock has a market capitalization of $784.52 million, a PE ratio of -52.46 and a beta of 0.01. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 12-month low of $49.20 and a 12-month high of $49.70. The company has a 50 day moving average price of $49.32 and a two-hundred day moving average price of $49.44.

About BondBloxx Bloomberg One Year Target Duration US Treasury ETF

The Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) 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 one year. XONE was launched on Sep 13, 2022 and is managed by BondBloxx.