Strive Total Return Bond ETF (NYSE:STXT) Stock Short Interest Falls 88.5%

Strive Total Return Bond ETF (NYSE:STXT) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 1,547 shares, a decline of 88.5% from the August 31st total of 13,397 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 18,917 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Strive Total Return Bond ETF

An institutional investor recently raised its position in Strive Total Return Bond ETF stock. McIlrath & Eck LLC grew its holdings in shares of Strive Total Return Bond ETF (NYSE:STXT) by 2.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,590,574 shares of the company’s stock after buying an additional 98,913 shares during the period. Strive Total Return Bond ETF accounts for approximately 5.3% of McIlrath & Eck LLC’s holdings, making the stock its 2nd biggest position. McIlrath & Eck LLC owned 58.19% of Strive Total Return Bond ETF worth $71,504,000 at the end of the most recent quarter.

Strive Total Return Bond ETF Stock Down 0.1%

Shares of NYSE:STXT traded down $0.01 during trading on Friday, hitting $19.11. The stock had a trading volume of 10,081 shares, compared to its average volume of 17,306. Strive Total Return Bond ETF has a 12 month low of $19.03 and a 12 month high of $20.67. The firm’s fifty day moving average is $19.47 and its 200 day moving average is $19.70.

About Strive Total Return Bond ETF

The Strive Total Return Bond ETF (STXT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF investing in a wide range of debt securities from issuers around the world, of any credit quality and maturity. The funds objective is to maximize total return. STXT was launched on Aug 10, 2023 and is issued by Alpha Architect.