BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Sees Significant Increase in Short Interest

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. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 23,936 shares, the short-interest ratio is currently 0.9 days. Based on an average daily trading volume, of 23,936 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Investors Weigh In On BondBloxx IR+M Tax-Aware Short Duration ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Balance Wealth LLC grew its stake in BondBloxx IR+M Tax-Aware Short Duration ETF by 53.7% in the 2nd quarter. Balance Wealth LLC now owns 52,222 shares of the company’s stock valued at $2,666,000 after buying an additional 18,247 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the second quarter worth approximately $3,431,000. Tanager Wealth Management LLP raised its position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 9.2% during the 2nd quarter. Tanager Wealth Management LLP now owns 135,349 shares of the company’s stock valued at $6,910,000 after buying an additional 11,431 shares in the last quarter. Nemes Rush Group LLC purchased a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF during the second quarter valued at about $456,000. Finally, Victory Financial Group LLC lifted its position in BondBloxx IR+M Tax-Aware Short Duration ETF by 100.7% in the 2nd quarter. Victory Financial Group LLC now owns 20,669 shares of the company’s stock worth $1,055,000 after buying an additional 10,368 shares during the last quarter.

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

Shares of NYSEARCA:TAXX opened at $50.88 on Monday. The firm has a 50 day simple moving average of $50.81 and a 200 day simple moving average of $50.79. BondBloxx IR+M Tax-Aware Short Duration ETF has a one year low of $49.80 and a one year high of $51.20.

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.