BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Short Interest Up 367.0% in December

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 55,443 shares, an increase of 367.0% from the December 15th total of 11,872 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 272,902 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 272,902 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s stock are sold short.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. acquired a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the first quarter worth about $306,000. Geneos Wealth Management Inc. lifted its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 35.3% during the first quarter. Geneos Wealth Management Inc. now owns 4,031 shares of the company’s stock valued at $188,000 after purchasing an additional 1,052 shares during the last quarter. Gradient Investments LLC boosted its holdings in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 6.3% during the second quarter. Gradient Investments LLC now owns 434,151 shares of the company’s stock worth $20,040,000 after buying an additional 25,687 shares in the last quarter. Paladin Wealth LLC boosted its holdings in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 15.4% during the second quarter. Paladin Wealth LLC now owns 15,292 shares of the company’s stock worth $706,000 after buying an additional 2,039 shares in the last quarter. Finally, Richard P Slaughter Associates Inc acquired a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the second quarter worth approximately $4,476,000.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Stock Up 0.0%

Shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF stock traded up $0.02 on Tuesday, reaching $46.37. 32,647 shares of the company were exchanged, compared to its average volume of 61,822. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 1-year low of $43.92 and a 1-year high of $47.82. The company’s 50-day moving average is $46.55 and its two-hundred day moving average is $46.36.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Company Profile

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.