Build Bond Innovation ETF (NYSEARCA:BFIX) Short Interest Down 97.5% in February

Build Bond Innovation ETF (NYSEARCA:BFIX) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 194 shares, a decrease of 97.5% from the February 12th total of 7,820 shares. Based on an average trading volume of 1,779 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,779 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BFIX. Blue Jean Financial LLC bought a new stake in shares of Build Bond Innovation ETF in the fourth quarter valued at approximately $1,350,000. Orion Porfolio Solutions LLC increased its position in Build Bond Innovation ETF by 12.7% during the fourth quarter. Orion Porfolio Solutions LLC now owns 26,070 shares of the company’s stock worth $659,000 after acquiring an additional 2,930 shares during the period. Vista Investment Partners II LLC increased its position in Build Bond Innovation ETF by 54.1% during the fourth quarter. Vista Investment Partners II LLC now owns 28,926 shares of the company’s stock worth $731,000 after acquiring an additional 10,150 shares during the period. Finally, Jane Street Group LLC acquired a new position in Build Bond Innovation ETF during the 2nd quarter valued at $266,000.

Build Bond Innovation ETF Trading Up 0.0%

Shares of Build Bond Innovation ETF stock traded up $0.01 during trading on Tuesday, reaching $25.45. The company’s stock had a trading volume of 1,513 shares, compared to its average volume of 1,772. The business’s fifty day moving average price is $25.51 and its 200-day moving average price is $25.39. Build Bond Innovation ETF has a one year low of $24.51 and a one year high of $26.85.

Build Bond Innovation ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were issued a $0.0655 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 3.1%.

Build Bond Innovation ETF Company Profile

The Build Bond Innovation ETF (BFIX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a broad-based global portfolio of investment grade fixed income securities and US equity call options tied to the upside performance of the S&P 500 Index. BFIX was launched on Feb 9, 2022 and is managed by Build.