Quadratic Deflation ETF (NYSEARCA:BNDD) Short Interest Update

Quadratic Deflation ETF (NYSEARCA:BNDD) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 3,738 shares, a decline of 85.9% from the June 30th total of 26,489 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average daily volume of 55,971 shares, the days-to-cover ratio is currently 0.1 days.

Quadratic Deflation ETF Trading Down 0.1%

Shares of NYSEARCA BNDD traded down $0.11 during mid-day trading on Friday, reaching $96.82. The company had a trading volume of 9,327 shares, compared to its average volume of 14,567. The business’s 50-day moving average is $98.94 and its 200-day moving average is $98.13. Quadratic Deflation ETF has a 52 week low of $94.64 and a 52 week high of $102.28.

Institutional Investors Weigh In On Quadratic Deflation ETF

Several large investors have recently added to or reduced their stakes in the stock. Boyd Watterson Asset Management LLC OH bought a new position in Quadratic Deflation ETF in the 1st quarter worth about $26,000. Worth Asset Management LLC bought a new stake in shares of Quadratic Deflation ETF during the second quarter valued at approximately $235,000. Finally, Hilltop Holdings Inc. bought a new stake in shares of Quadratic Deflation ETF during the fourth quarter valued at approximately $1,472,000.

Quadratic Deflation ETF Company Profile

The Quadratic Deflation ETF (BNDD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US Treasuries and options strategies tied to the shape of the US interest rate swap curve. BNDD was launched on Sep 21, 2021 and is managed by KraneShares.