BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Sees Significant Growth in Short Interest

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 108,854 shares, an increase of 172.8% from the September 30th total of 39,896 shares. Based on an average daily trading volume, of 192,765 shares, the short-interest ratio is presently 0.6 days. Approximately 0.6% of the shares of the stock are short sold.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Up 0.1%

Shares of NYSEARCA XONE traded up $0.03 during midday trading on Thursday, hitting $49.27. The stock had a trading volume of 84,490 shares, compared to its average volume of 122,192. The stock has a 50 day simple moving average of $49.20 and a 200-day simple moving average of $49.37. The company has a market capitalization of $850.88 million, a PE ratio of -52.41 and a beta of 0.01. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 1 year low of $49.02 and a 1 year high of $49.68.

Institutional Trading of BondBloxx Bloomberg One Year Target Duration US Treasury ETF

Large investors have recently bought and sold shares of the business. Partners Wealth Management LLC acquired a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the third quarter worth $9,299,000. Laurel Wealth Advisors LLC increased its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 12.4% during the 3rd quarter. Laurel Wealth Advisors LLC now owns 62,180 shares of the company’s stock worth $3,059,000 after purchasing an additional 6,840 shares during the last quarter. Victory Financial Group LLC increased its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 5.7% during the 3rd quarter. Victory Financial Group LLC now owns 411,789 shares of the company’s stock worth $20,256,000 after purchasing an additional 22,110 shares during the last quarter. Latitude Advisors LLC purchased a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 3rd quarter valued at about $73,000. Finally, Midland Wealth Advisors LLC raised its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 8.5% in the 3rd quarter. Midland Wealth Advisors LLC now owns 96,089 shares of the company’s stock valued at $4,727,000 after buying an additional 7,507 shares during the period. Hedge funds and other institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) 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 one year. XONE was launched on Sep 13, 2022 and is managed by BondBloxx.