BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Short Interest Down 99.8% in April

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 164 shares, a drop of 99.8% from the March 31st total of 101,894 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 43,425 shares, the short-interest ratio is presently 0.0 days.

BondBloxx IR+M Tax-Aware Short Duration ETF Stock Up 0.0%

Shares of NYSEARCA TAXX traded up $0.02 during midday trading on Friday, reaching $50.66. 4,248 shares of the stock were exchanged, compared to its average volume of 29,285. The company has a 50 day simple moving average of $50.72 and a 200 day simple moving average of $50.79. BondBloxx IR+M Tax-Aware Short Duration ETF has a twelve month low of $50.17 and a twelve month high of $51.20.

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

A number of hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC boosted its position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 12.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,015 shares of the company’s stock worth $205,000 after purchasing an additional 455 shares during the period. Raymond James Financial Inc. purchased a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the 2nd quarter worth approximately $32,000. Inspire Advisors LLC boosted its position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 12.9% during the 3rd quarter. Inspire Advisors LLC now owns 6,029 shares of the company’s stock worth $307,000 after purchasing an additional 690 shares during the period. CGN Advisors LLC boosted its position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 5.8% during the 4th quarter. CGN Advisors LLC now owns 19,230 shares of the company’s stock worth $975,000 after purchasing an additional 1,050 shares during the period. Finally, Guild Investment Management Inc. boosted its position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 37.5% during the 4th quarter. Guild Investment Management Inc. now owns 5,500 shares of the company’s stock worth $280,000 after purchasing an additional 1,500 shares during the period.

About BondBloxx IR+M Tax-Aware Short Duration ETF

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.