BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) Short Interest Update

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 77,923 shares, a growth of 472.2% from the June 30th total of 13,618 shares. Approximately 10.1% of the company’s stock are sold short. Based on an average daily volume of 7,178 shares, the days-to-cover ratio is presently 10.9 days.

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents Stock Up 0.3%

TAXM stock traded up $0.16 during midday trading on Friday, reaching $49.54. 416 shares of the company were exchanged, compared to its average volume of 4,292. BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents has a 1-year low of $48.81 and a 1-year high of $51.26. The stock’s 50-day simple moving average is $50.13 and its 200 day simple moving average is $50.28.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of TAXM. Jane Street Group LLC acquired a new stake in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents during the 1st quarter worth $1,010,000. Citadel Advisors LLC boosted its stake in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents by 86.8% in the third quarter. Citadel Advisors LLC now owns 9,503 shares of the company’s stock valued at $477,000 after acquiring an additional 4,415 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents in the fourth quarter valued at $387,000. Plum Street Advisors LLC purchased a new position in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents during the fourth quarter worth about $306,000. Finally, Tanager Wealth Management LLP purchased a new position in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents during the first quarter worth about $316,000.

About BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

The BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a portfolio of US dollar-denominated municipal securities and taxable fixed income instruments, aiming to provide attractive after-tax income specifically for Massachusetts residents. TAXM was launched on Mar 13, 2025 and is issued by BondBloxx.