Quadratic Deflation ETF (NYSEARCA:BNDD) Sees Large Decrease in Short Interest

Quadratic Deflation ETF (NYSEARCA:BNDD) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 522 shares, a decline of 86.0% from the July 15th total of 3,738 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 57,518 shares, the short-interest ratio is currently 0.0 days.

Quadratic Deflation ETF Stock Down 0.4%

NYSEARCA BNDD traded down $0.40 on Friday, reaching $95.24. The company had a trading volume of 1,053 shares, compared to its average volume of 13,673. Quadratic Deflation ETF has a 1 year low of $94.64 and a 1 year high of $102.28. The firm has a 50-day moving average of $98.53 and a 200-day moving average of $98.07.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BNDD. Hilltop Holdings Inc. acquired a new stake in Quadratic Deflation ETF during the 4th quarter valued at $1,472,000. Boyd Watterson Asset Management LLC OH purchased a new position in Quadratic Deflation ETF in the 1st quarter valued at about $26,000. Finally, Worth Asset Management LLC purchased a new position in Quadratic Deflation ETF in the 2nd quarter valued at about $235,000.

Quadratic Deflation ETF Company Profile

The Quadratic Deflation ETF (BNDD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US Treasuries and options strategies tied to the shape of the US interest rate swap curve. BNDD was launched on Sep 21, 2021 and is managed by KraneShares.