Quadratic Deflation ETF (NYSEARCA:BNDD) Sees Large Decrease in Short Interest

Quadratic Deflation ETF (NYSEARCA:BNDD) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 3,738 shares, a decline of 85.9% from the June 30th total of 26,489 shares. Based on an average daily volume of 55,971 shares, the short-interest ratio is presently 0.1 days. Approximately 1.1% of the company’s shares are sold short.

Quadratic Deflation ETF Trading Up 1.0%

BNDD traded up $0.95 during midday trading on Monday, reaching $97.77. 3,697 shares of the company’s stock traded hands, compared to its average volume of 14,485. Quadratic Deflation ETF has a 52 week low of $94.64 and a 52 week high of $102.28. The firm has a fifty day moving average of $98.94 and a two-hundred day moving average of $98.13.

Hedge Funds Weigh In On Quadratic Deflation ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Hilltop Holdings Inc. purchased a new stake in Quadratic Deflation ETF in the fourth quarter worth $1,472,000. Worth Asset Management LLC bought a new position in Quadratic Deflation ETF in the 2nd quarter worth $235,000. Finally, Boyd Watterson Asset Management LLC OH bought a new position in Quadratic Deflation ETF in the 1st quarter worth $26,000.

Quadratic Deflation ETF Company Profile

The Quadratic Deflation ETF (BNDD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US Treasuries and options strategies tied to the shape of the US interest rate swap curve. BNDD was launched on Sep 21, 2021 and is managed by KraneShares.