BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Stock Short Interest Climbs 104.7%

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 47,146 shares, an increase of 104.7% from the September 15th total of 23,036 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 622,614 shares, the days-to-cover ratio is currently 0.1 days.

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

Several hedge funds have recently bought and sold shares of the stock. Gradient Investments LLC increased its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 121.8% in the 2nd quarter. Gradient Investments LLC now owns 1,904,730 shares of the company’s stock worth $86,818,000 after buying an additional 1,045,980 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 13.3% during the 1st quarter. Bank of America Corp DE now owns 815,133 shares of the company’s stock worth $37,382,000 after acquiring an additional 95,544 shares during the last quarter. Horst & Graben Wealth Management LLC lifted its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 5.2% during the 1st quarter. Horst & Graben Wealth Management LLC now owns 441,933 shares of the company’s stock worth $20,249,000 after acquiring an additional 21,888 shares during the last quarter. Heck Capital Advisors LLC lifted its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 7.2% during the 2nd quarter. Heck Capital Advisors LLC now owns 239,985 shares of the company’s stock worth $10,939,000 after acquiring an additional 16,099 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the first quarter worth $9,111,000.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XTEN opened at $42.53 on Wednesday. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 12 month low of $41.84 and a 12 month high of $47.50. The business has a 50-day moving average of $43.61 and a 200-day moving average of $44.70.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Company Profile

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.