BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Short Interest Up 14,490.2% in April

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 23,928 shares, an increase of 14,490.2% from the April 15th total of 164 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 21,484 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On BondBloxx IR+M Tax-Aware Short Duration ETF

A number of large investors have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the second quarter worth approximately $32,000. Inspire Advisors LLC grew its position in BondBloxx IR+M Tax-Aware Short Duration ETF by 12.9% during the third quarter. Inspire Advisors LLC now owns 6,029 shares of the company’s stock worth $307,000 after buying an additional 690 shares in the last quarter. CGN Advisors LLC grew its position in BondBloxx IR+M Tax-Aware Short Duration ETF by 5.8% during the fourth quarter. CGN Advisors LLC now owns 19,230 shares of the company’s stock worth $975,000 after buying an additional 1,050 shares in the last quarter. Guild Investment Management Inc. grew its position in BondBloxx IR+M Tax-Aware Short Duration ETF by 37.5% during the fourth quarter. Guild Investment Management Inc. now owns 5,500 shares of the company’s stock worth $280,000 after buying an additional 1,500 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 37.4% in the 4th quarter. Farther Finance Advisors LLC now owns 5,515 shares of the company’s stock valued at $280,000 after purchasing an additional 1,500 shares in the last quarter.

BondBloxx IR+M Tax-Aware Short Duration ETF Price Performance

Shares of NYSEARCA TAXX traded down $0.04 during trading hours on Monday, reaching $50.65. 24,823 shares of the stock were exchanged, compared to its average volume of 28,564. BondBloxx IR+M Tax-Aware Short Duration ETF has a 52 week low of $50.25 and a 52 week high of $51.20. The stock’s fifty day simple moving average is $50.67 and its 200 day simple moving average is $50.78.

BondBloxx IR+M Tax-Aware Short Duration ETF Company Profile

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.