BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) Shares Shorted: Short Interest Down 59.5% in September

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 8,505 shares, a decline of 59.5% from the September 15th total of 21,018 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 164,416 shares, the short-interest ratio is presently 0.1 days.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Trading Up 0.2%

XSVN traded up $0.07 during trading on Tuesday, hitting $44.79. The company had a trading volume of 64,142 shares, compared to its average volume of 81,282. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF has a 1-year low of $44.33 and a 1-year high of $48.98. The business has a 50-day moving average of $45.77 and a 200-day moving average of $46.67.

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

A number of institutional investors have recently modified their holdings of XSVN. Envestnet Asset Management Inc. lifted its holdings in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 23.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,289,661 shares of the company’s stock worth $108,232,000 after buying an additional 438,568 shares during the last quarter. Gradient Investments LLC increased its holdings in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 38.8% in the 2nd quarter. Gradient Investments LLC now owns 1,480,690 shares of the company’s stock valued at $69,992,000 after acquiring an additional 414,200 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 28.4% in the 1st quarter. Bank of America Corp DE now owns 191,754 shares of the company’s stock valued at $9,150,000 after acquiring an additional 42,465 shares during the last quarter. Silver Oak Securities Incorporated increased its holdings in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 1.9% in the 1st quarter. Silver Oak Securities Incorporated now owns 107,146 shares of the company’s stock valued at $5,113,000 after acquiring an additional 2,031 shares during the last quarter. Finally, Lido Advisors LLC increased its holdings in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 12.9% in the 1st quarter. Lido Advisors LLC now owns 105,410 shares of the company’s stock valued at $5,030,000 after acquiring an additional 12,051 shares during the last quarter.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Company Profile

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