Build Bond Innovation ETF (NYSEARCA:BFIX) Short Interest Update

Build Bond Innovation ETF (NYSEARCA:BFIX) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 208 shares, a drop of 89.2% from the April 30th total of 1,933 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,393 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Build Bond Innovation ETF

Several large investors have recently modified their holdings of the stock. Blue Jean Financial LLC bought a new position in shares of Build Bond Innovation ETF during the 4th quarter valued at approximately $1,350,000. Vista Investment Partners II LLC increased its position in shares of Build Bond Innovation ETF by 54.1% during the 4th quarter. Vista Investment Partners II LLC now owns 28,926 shares of the company’s stock valued at $731,000 after purchasing an additional 10,150 shares during the last quarter. Orion Porfolio Solutions LLC increased its position in shares of Build Bond Innovation ETF by 12.7% during the 4th quarter. Orion Porfolio Solutions LLC now owns 26,070 shares of the company’s stock valued at $659,000 after purchasing an additional 2,930 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Build Bond Innovation ETF during the 2nd quarter valued at approximately $266,000. Finally, Royal Bank of Canada bought a new position in shares of Build Bond Innovation ETF during the 1st quarter valued at approximately $66,000.

Build Bond Innovation ETF Stock Performance

Shares of NYSEARCA BFIX traded up $0.03 during trading hours on Thursday, hitting $25.33. 3,350 shares of the company traded hands, compared to its average volume of 2,233. The company’s 50 day moving average price is $25.33 and its 200 day moving average price is $25.40. Build Bond Innovation ETF has a 12 month low of $24.59 and a 12 month high of $26.60.

Build Bond Innovation ETF Company Profile

The Build Bond Innovation ETF (BFIX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a broad-based global portfolio of investment grade fixed income securities and US equity call options tied to the upside performance of the S&P 500 Index. BFIX was launched on Feb 9, 2022 and is managed by Build.