BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Stock Short Interest Rises 287.3%

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 22,519 shares, an increase of 287.3% from the October 15th total of 5,814 shares. Based on an average trading volume of 37,428 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the company’s shares are sold short.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Trading Down 0.1%

NYSEARCA:XFIV opened at $47.18 on Thursday. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a twelve month low of $46.44 and a twelve month high of $50.19. The company has a fifty day moving average of $47.13 and a 200-day moving average of $48.40.

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

Institutional investors have recently made changes to their positions in the stock. Lido Advisors LLC acquired a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 3rd quarter valued at about $336,000. Kestra Investment Management LLC increased its position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 4.3% in the 3rd quarter. Kestra Investment Management LLC now owns 539,481 shares of the company’s stock valued at $25,172,000 after buying an additional 22,443 shares in the last quarter. Alps Advisors Inc. bought a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 3rd quarter valued at about $2,711,000. Kestra Advisory Services LLC increased its position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 145.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 79,228 shares of the company’s stock valued at $3,697,000 after buying an additional 46,987 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 3rd quarter worth approximately $373,000.

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.