Build Bond Innovation ETF (NYSEARCA:BFIX) Short Interest Update

Build Bond Innovation ETF (NYSEARCA:BFIX) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 9,868 shares, a drop of 80.0% from the July 15th total of 49,243 shares. Based on an average daily trading volume, of 1,245 shares, the short-interest ratio is presently 7.9 days. Approximately 1.8% of the company’s stock are sold short.

Hedge Funds Weigh In On Build Bond Innovation ETF

A number of institutional investors and hedge funds have recently modified their holdings of BFIX. Royal Bank of Canada purchased a new position in shares of Build Bond Innovation ETF in the 1st quarter valued at about $66,000. Jane Street Group LLC purchased a new position in Build Bond Innovation ETF in the second quarter valued at approximately $266,000. Orion Porfolio Solutions LLC raised its holdings in Build Bond Innovation ETF by 8.0% during the third quarter. Orion Porfolio Solutions LLC now owns 23,140 shares of the company’s stock worth $585,000 after purchasing an additional 1,713 shares in the last quarter. Finally, Blue Jean Financial LLC purchased a new stake in shares of Build Bond Innovation ETF during the 4th quarter worth approximately $1,350,000.

Build Bond Innovation ETF Stock Up 0.0%

Build Bond Innovation ETF stock opened at $24.98 on Wednesday. Build Bond Innovation ETF has a twelve month low of $24.59 and a twelve month high of $26.60. The stock’s fifty day simple moving average is $25.07 and its 200-day simple moving average is $25.29.

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.