Short Interest in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Expands By 103.7%

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 75,085 shares, an increase of 103.7% from the January 29th total of 36,856 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 117,063 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 117,063 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the company’s stock are short sold.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Stock Up 0.5%

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF stock traded up $0.22 during trading hours on Friday, hitting $47.47. The company had a trading volume of 89,633 shares, compared to its average volume of 119,206. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a fifty-two week low of $44.38 and a fifty-two week high of $47.82. The firm’s fifty day moving average is $46.46 and its 200-day moving average is $46.56.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.166 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is a boost from BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Trading of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

A number of institutional investors have recently bought and sold shares of XTEN. Goldman Sachs Group Inc. acquired a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the 1st quarter worth about $306,000. Envestnet Asset Management Inc. grew its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 48.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 733,740 shares of the company’s stock valued at $33,869,000 after buying an additional 238,935 shares in the last quarter. Spire Wealth Management grew its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 99.9% in the 2nd quarter. Spire Wealth Management now owns 1,895 shares of the company’s stock valued at $87,000 after buying an additional 947 shares in the last quarter. FWG Investments LLC. acquired a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the second quarter worth approximately $205,000. Finally, Tradewinds LLC. bought a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the second quarter valued at approximately $1,130,000.

About BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is passively managed to invest in a portfolio of US Treasury securities with a target duration of ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.