BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Short Interest Up 71.4% in January

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 57,554 shares, a growth of 71.4% from the December 31st total of 33,588 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 21,135 shares, the short-interest ratio is presently 2.7 days. Based on an average daily trading volume, of 21,135 shares, the short-interest ratio is presently 2.7 days. Currently, 1.2% of the company’s shares are sold short.

BondBloxx IR+M Tax-Aware Short Duration ETF Trading Up 0.0%

Shares of TAXX stock traded up $0.01 on Friday, reaching $50.96. 12,703 shares of the stock were exchanged, compared to its average volume of 18,900. BondBloxx IR+M Tax-Aware Short Duration ETF has a one year low of $49.80 and a one year high of $51.20. The stock has a 50 day moving average price of $50.80 and a 200 day moving average price of $50.83.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the 2nd quarter valued at about $32,000. JPMorgan Chase & Co. bought a new stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the third quarter worth approximately $174,000. Guild Investment Management Inc. acquired a new position in BondBloxx IR+M Tax-Aware Short Duration ETF in the third quarter valued at approximately $204,000. Farther Finance Advisors LLC boosted its stake in BondBloxx IR+M Tax-Aware Short Duration ETF by 12.8% in the third quarter. Farther Finance Advisors LLC now owns 4,015 shares of the company’s stock valued at $205,000 after acquiring an additional 455 shares during the last quarter. Finally, Inspire Advisors LLC acquired a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF during the 2nd quarter worth $273,000.

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.