BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Short Interest Update

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 22,490 shares, a decrease of 60.9% from the January 15th total of 57,554 shares. Based on an average daily trading volume, of 16,752 shares, the short-interest ratio is currently 1.3 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 16,752 shares, the short-interest ratio is currently 1.3 days.

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

NYSEARCA TAXX traded up $0.11 during trading on Thursday, reaching $50.98. The company’s stock had a trading volume of 10,881 shares, compared to its average volume of 20,334. The business has a 50-day moving average price of $50.82 and a 200-day moving average price of $50.84. BondBloxx IR+M Tax-Aware Short Duration ETF has a 1-year low of $49.80 and a 1-year high of $51.20.

BondBloxx IR+M Tax-Aware Short Duration ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.1759 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, February 2nd.

Hedge Funds Weigh In On BondBloxx IR+M Tax-Aware Short Duration ETF

Several hedge funds have recently bought and sold shares of the business. Jane Street Group LLC bought a new position in BondBloxx IR+M Tax-Aware Short Duration ETF during the fourth quarter valued at about $384,000. Orion Porfolio Solutions LLC increased its holdings in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 19.6% during the 4th quarter. Orion Porfolio Solutions LLC now owns 36,040 shares of the company’s stock valued at $1,828,000 after acquiring an additional 5,898 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the 4th quarter valued at about $996,000. SmartHarvest Portfolios LLC bought a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the 4th quarter valued at approximately $445,000. Finally, Cornerstone Advisors Asset Management LLC bought a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the 4th quarter valued at approximately $2,497,000.

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.