BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Short Interest Up 127.5% in August

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 30,260 shares, an increase of 127.5% from the July 30th total of 13,299 shares. Based on an average daily volume of 93,746 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the stock are sold short.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Trading Down 0.4%

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF stock traded down $0.17 during midday trading on Friday, reaching $48.02. The company had a trading volume of 28,933 shares, compared to its average volume of 75,476. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 12-month low of $47.98 and a 12-month high of $50.19. The firm’s fifty day simple moving average is $48.29 and its 200-day simple moving average is $48.80.

Hedge Funds Weigh In On BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Elevated Capital Advisors LLC purchased a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the first quarter worth approximately $55,000. Fifth Third Bancorp acquired a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 1st quarter valued at $59,000. Comerica Bank purchased a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 4th quarter valued at $61,000. Centaurus Financial Inc. acquired a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter worth $103,000. Finally, NewEdge Advisors LLC acquired a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 2nd quarter worth $207,000.

About BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

The Bondbloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) 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 five years. XFIV was launched on Sep 13, 2022 and is managed by BondBloxx.