Short Interest in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Increases By 115.6%

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 36,071 shares, a growth of 115.6% from the May 14th total of 16,734 shares. Based on an average daily trading volume, of 140,662 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the shares of the company are sold short.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Trading Down 0.2%

Shares of XFIV opened at $48.53 on Friday. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a fifty-two week low of $48.17 and a fifty-two week high of $50.19. The firm has a 50-day simple moving average of $48.80 and a 200-day simple moving average of $49.27.

Institutional Investors Weigh In On BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

Hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN lifted its position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 19,793,460.0% in the fourth quarter. Wells Fargo & Company MN now owns 989,678 shares of the company’s stock valued at $48,968,000 after purchasing an additional 989,673 shares during the period. Donoghue Forlines LLC acquired a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the fourth quarter valued at about $32,849,000. Meridian Wealth Management LLC acquired a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the fourth quarter valued at about $9,247,000. Capital Investment Counsel LLC lifted its position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 111.1% in the fourth quarter. Capital Investment Counsel LLC now owns 297,741 shares of the company’s stock valued at $14,732,000 after purchasing an additional 156,724 shares during the period. Finally, Gradient Investments LLC lifted its position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 11.0% in the fourth quarter. Gradient Investments LLC now owns 1,262,202 shares of the company’s stock valued at $62,452,000 after purchasing an additional 124,813 shares during the period.

About BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

The Bondbloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) 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 five years. XFIV was launched on Sep 13, 2022 and is managed by BondBloxx.