BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Short Interest Update

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 292,107 shares, a growth of 158.2% from the June 30th total of 113,119 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 161,084 shares, the short-interest ratio is presently 1.8 days.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA XTEN traded up $0.18 during trading on Monday, reaching $44.67. The company had a trading volume of 106,583 shares, compared to its average volume of 218,243. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a twelve month low of $44.33 and a twelve month high of $47.50. The stock has a 50-day moving average price of $45.14 and a two-hundred day moving average price of $45.79.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its holdings in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 44.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 763 shares of the company’s stock valued at $35,000 after purchasing an additional 236 shares in the last quarter. CoreCap Advisors LLC grew its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 13.2% during the second quarter. CoreCap Advisors LLC now owns 2,080 shares of the company’s stock worth $95,000 after buying an additional 243 shares in the last quarter. Blue Trust Inc. raised its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 40.0% in the first quarter. Blue Trust Inc. now owns 980 shares of the company’s stock valued at $45,000 after buying an additional 280 shares during the last quarter. Spectrum Planning & Advisory Services Inc. raised its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 2.9% in the first quarter. Spectrum Planning & Advisory Services Inc. now owns 13,675 shares of the company’s stock valued at $627,000 after buying an additional 385 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 8.4% during the first quarter. Sanctuary Advisors LLC now owns 5,420 shares of the company’s stock valued at $249,000 after buying an additional 420 shares during the period.

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.