BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Significant Increase in Short Interest

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 49,347 shares, an increase of 453.3% from the January 15th total of 8,918 shares. Based on an average daily volume of 861,246 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 861,246 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Several hedge funds have recently modified their holdings of XHLF. Ellis Investment Partners LLC grew its holdings in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 3.6% in the third quarter. Ellis Investment Partners LLC now owns 9,514 shares of the company’s stock valued at $480,000 after purchasing an additional 331 shares during the period. Traub Capital Management LLC grew its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 6.7% during the 4th quarter. Traub Capital Management LLC now owns 5,390 shares of the company’s stock valued at $271,000 after buying an additional 340 shares during the period. Portside Wealth Group LLC increased its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 0.6% during the 2nd quarter. Portside Wealth Group LLC now owns 54,046 shares of the company’s stock worth $2,721,000 after buying an additional 347 shares during the last quarter. Nemes Rush Group LLC raised its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 39.9% in the 4th quarter. Nemes Rush Group LLC now owns 1,391 shares of the company’s stock worth $70,000 after buying an additional 397 shares during the period. Finally, ST Germain D J Co. Inc. acquired a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the third quarter valued at $25,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA:XHLF opened at $50.28 on Friday. The business has a fifty day simple moving average of $50.31 and a 200-day simple moving average of $50.32. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 52 week low of $50.17 and a 52 week high of $50.42.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1649 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is an increase from BondBloxx Bloomberg Six Month Target Duration US Treasury ETF’s previous monthly dividend of $0.16.

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.