BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Short Interest Down 35.0% in June

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 23,461 shares, a decrease of 35.0% from the May 31st total of 36,071 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 36,377 shares, the days-to-cover ratio is presently 0.6 days.

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

Several large investors have recently added to or reduced their stakes in the stock. Elevated Capital Advisors LLC acquired a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the first quarter valued at $55,000. Fifth Third Bancorp acquired a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 1st quarter worth about $59,000. Comerica Bank acquired a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 4th quarter valued at about $61,000. Centaurus Financial Inc. bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 1st quarter worth about $103,000. Finally, NewEdge Advisors LLC bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 2nd quarter worth about $207,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Performance

Shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF stock remained flat at $48.50 on Friday. The stock had a trading volume of 27,059 shares, compared to its average volume of 67,279. 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 stock has a fifty day moving average price of $48.65 and a 200-day moving average price of $49.16.

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.