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) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 322,777 shares, a growth of 375.6% from the July 30th total of 67,873 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 466,138 shares, the short-interest ratio is currently 0.7 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Ameritas Advisory Services LLC lifted its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 186.0% during the second quarter. Ameritas Advisory Services LLC now owns 375,690 shares of the company’s stock worth $18,897,000 after acquiring an additional 244,346 shares in the last quarter. NBH Bank bought a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 2nd quarter valued at $70,000. KFG Wealth Management LLC bought a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 2nd quarter valued at $624,000. S&A Financial Services Inc. purchased a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 1st quarter worth about $3,235,000. Finally, Curry Webb Wealth Management LLC purchased a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 1st quarter worth about $2,069,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XHLF remained flat at $50.30 during midday trading on Friday. 23,459 shares of the stock traded hands, compared to its average volume of 414,353. The company’s 50 day simple moving average is $50.24 and its two-hundred day simple moving average is $50.25. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a one year low of $50.14 and a one year 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.