BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Short Interest Update

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 203,367 shares, a growth of 213.1% from the July 15th total of 64,946 shares. Based on an average daily trading volume, of 222,154 shares, the short-interest ratio is presently 0.9 days. Approximately 1.2% of the shares of the stock are sold short.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance

NYSEARCA XONE traded up $0.02 during trading hours on Thursday, reaching $49.33. The company’s stock had a trading volume of 32,829 shares, compared to its average volume of 118,136. The company’s 50-day moving average is $49.30 and its two-hundred day moving average is $49.41. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a fifty-two week low of $49.20 and a fifty-two week high of $49.70. The stock has a market cap of $829.24 million, a PE ratio of -52.48 and a beta of 0.01.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 460,466.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 635,582 shares of the company’s stock valued at $31,484,000 after buying an additional 635,444 shares in the last quarter. Bank of America Corp DE increased its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 27.6% during the third quarter. Bank of America Corp DE now owns 1,808,944 shares of the company’s stock worth $89,832,000 after buying an additional 390,810 shares in the last quarter. Tanager Wealth Management LLP increased its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 45.8% during the first quarter. Tanager Wealth Management LLP now owns 556,988 shares of the company’s stock worth $27,582,000 after buying an additional 175,070 shares in the last quarter. Compass Financial Group Inc. Ohio acquired a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the fourth quarter worth $6,353,000. Finally, S&A Financial Services Inc. acquired a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the first quarter worth $4,823,000. 47.99% of the stock is owned by hedge funds and other institutional investors.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) 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 one year. XONE was launched on Sep 13, 2022 and is managed by BondBloxx.