BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Short Interest Update

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 21,629 shares, a decrease of 51.6% from the June 30th total of 44,680 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 94,447 shares, the short-interest ratio is presently 0.2 days.

BondBloxx IR+M Tax-Aware Short Duration ETF Stock Performance

Shares of TAXX traded up $0.01 during midday trading on Thursday, hitting $50.50. The stock had a trading volume of 13,689 shares, compared to its average volume of 43,057. The company has a 50 day simple moving average of $50.62 and a two-hundred day simple moving average of $50.70. BondBloxx IR+M Tax-Aware Short Duration ETF has a twelve month low of $50.35 and a twelve month high of $51.13.

Institutional Investors Weigh In On BondBloxx IR+M Tax-Aware Short Duration ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. EP Wealth Advisors LLC acquired a new position in BondBloxx IR+M Tax-Aware Short Duration ETF during the 4th quarter worth approximately $68,762,000. Thrivent Financial for Lutherans bought a new stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the fourth quarter worth $4,569,000. Assetmark Inc. acquired a new position in BondBloxx IR+M Tax-Aware Short Duration ETF during the first quarter worth $4,028,000. Cornerstone Advisors Asset Management LLC bought a new position in BondBloxx IR+M Tax-Aware Short Duration ETF in the fourth quarter valued at $2,497,000. Finally, Tanager Wealth Management LLP grew its position in BondBloxx IR+M Tax-Aware Short Duration ETF by 21.7% in the first quarter. Tanager Wealth Management LLP now owns 230,239 shares of the company’s stock valued at $11,640,000 after purchasing an additional 41,025 shares in the last quarter.

About BondBloxx IR+M Tax-Aware Short Duration ETF

The BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking attractive after-tax income while preserving capital through investments in USD-denominated municipal and taxable short-duration fixed income securities. TAXX was launched on Mar 14, 2024 and is issued by BondBloxx.