Short Interest in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Decreases By 71.4%

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 15,863 shares, a decrease of 71.4% from the December 31st total of 55,443 shares. Based on an average daily volume of 124,352 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 124,352 shares, the days-to-cover ratio is presently 0.1 days.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Price Performance

Shares of XTEN stock traded up $0.05 during trading hours on Thursday, hitting $46.25. 100,274 shares of the company’s stock traded hands, compared to its average volume of 113,888. The stock’s fifty day simple moving average is $46.46 and its two-hundred day simple moving average is $46.41. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 12-month low of $44.38 and a 12-month high of $47.82.

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

Hedge funds have recently added to or reduced their stakes in the stock. Comerica Bank grew its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 0.5% in the fourth quarter. Comerica Bank now owns 106,325 shares of the company’s stock worth $4,914,000 after acquiring an additional 531 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 11.0% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 117,551 shares of the company’s stock worth $5,452,000 after purchasing an additional 11,660 shares in the last quarter. Kickstand Ventures LLC. grew its position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 51.1% during the 4th quarter. Kickstand Ventures LLC. now owns 34,884 shares of the company’s stock valued at $1,612,000 after purchasing an additional 11,790 shares during the last quarter. Sanctuary Advisors LLC increased its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 14.4% during the 4th quarter. Sanctuary Advisors LLC now owns 5,000 shares of the company’s stock valued at $231,000 after purchasing an additional 630 shares in the last quarter. Finally, Hobbs Wealth Management LLC increased its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 10.4% during the 4th quarter. Hobbs Wealth Management LLC now owns 30,344 shares of the company’s stock valued at $1,402,000 after purchasing an additional 2,865 shares in the last quarter.

About BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.