Short Interest in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Decreases By 79.3%

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 66,677 shares, a decline of 79.3% from the August 15th total of 322,777 shares. Based on an average daily trading volume, of 216,027 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. SoundView Advisors Inc. bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 4th quarter valued at $26,090,000. Silver Oak Securities Incorporated boosted its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 13.0% during the first quarter. Silver Oak Securities Incorporated now owns 386,643 shares of the company’s stock worth $19,460,000 after purchasing an additional 44,592 shares during the period. Bank of America Corp DE increased its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 9.4% in the first quarter. Bank of America Corp DE now owns 946,074 shares of the company’s stock valued at $47,616,000 after purchasing an additional 81,667 shares during the last quarter. S&A Financial Services Inc. acquired a new position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the first quarter valued at $3,235,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 664,461.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 325,635 shares of the company’s stock valued at $16,363,000 after purchasing an additional 325,586 shares during the period.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA XHLF opened at $50.19 on Friday. The business has a 50-day moving average of $50.23 and a 200-day moving average of $50.25. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a fifty-two week low of $50.14 and a fifty-two week high of $50.42.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.