BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) Short Interest Up 234.6% in June

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 32,448 shares, a growth of 234.6% from the June 15th total of 9,698 shares. Based on an average daily volume of 38,575 shares, the short-interest ratio is presently 0.8 days. Approximately 0.9% of the shares of the stock are sold short.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Price Performance

Shares of XTRE opened at $48.82 on Monday. The firm has a 50 day simple moving average of $49.00 and a 200-day simple moving average of $49.43. BondBloxx Bloomberg Three Year Target Duration US Treasury ETF has a 1-year low of $48.75 and a 1-year high of $50.15.

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

Large investors have recently bought and sold shares of the stock. Global Retirement Partners LLC increased its position in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 177.6% during the fourth quarter. Global Retirement Partners LLC now owns 1,002 shares of the company’s stock worth $50,000 after buying an additional 641 shares in the last quarter. Tucker Asset Management LLC purchased a new stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF in the fourth quarter valued at $60,000. AQR Capital Management LLC purchased a new stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF in the fourth quarter valued at $210,000. Cetera Investment Advisers acquired a new stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the fourth quarter valued at $231,000. Finally, Inspire Advisors LLC acquired a new stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the fourth quarter valued at $236,000.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Company Profile

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