Short Interest in Quadratic Deflation ETF (NYSEARCA:BNDD) Decreases By 67.2%

Quadratic Deflation ETF (NYSEARCA:BNDD) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 39 shares, a drop of 67.2% from the April 15th total of 119 shares. Based on an average trading volume of 583 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Quadratic Deflation ETF Price Performance

BNDD traded down $0.96 on Friday, hitting $96.52. 72 shares of the company were exchanged, compared to its average volume of 1,564. The firm has a fifty day simple moving average of $98.15 and a two-hundred day simple moving average of $97.97. Quadratic Deflation ETF has a 12 month low of $94.64 and a 12 month high of $102.28.

Quadratic Deflation ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were given a dividend of $0.2963 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Thursday, February 26th. This is a positive change from Quadratic Deflation ETF’s previous monthly dividend of $0.29.

Hedge Funds Weigh In On Quadratic Deflation ETF

An institutional investor recently bought a new position in Quadratic Deflation ETF stock. Boyd Watterson Asset Management LLC OH purchased a new position in shares of Quadratic Deflation ETF (NYSEARCA:BNDD) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 266 shares of the company’s stock, valued at approximately $26,000. Boyd Watterson Asset Management LLC OH owned about 0.30% of Quadratic Deflation ETF at the end of the most recent reporting period.

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.