BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Short Interest Up 734.0% in March

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 61,758 shares, a growth of 734.0% from the February 26th total of 7,405 shares. Based on an average daily trading volume, of 110,636 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 110,636 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of BondBloxx Bloomberg One Year Target Duration US Treasury ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Purpose Unlimited Inc. bought a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 4th quarter worth approximately $877,000. DUTCH ASSET Corp bought a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 4th quarter valued at $495,000. Compass Financial Group Inc. Ohio bought a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 4th quarter valued at $6,353,000. EP Wealth Advisors LLC acquired a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 4th quarter valued at $414,000. Finally, Vermillion & White Wealth Management Group LLC increased its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 16.2% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 7,738 shares of the company’s stock valued at $385,000 after buying an additional 1,080 shares during the period. Institutional investors and hedge funds own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Down 0.1%

Shares of NYSEARCA:XONE opened at $49.43 on Wednesday. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 12 month low of $49.40 and a 12 month high of $49.78. The company’s 50-day moving average price is $49.54 and its two-hundred day moving average price is $49.58. The firm has a market cap of $715.25 million, a P/E ratio of -52.59 and a beta of 0.08.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1358 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, March 2nd. BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s dividend payout ratio is presently -221.28%.

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.