BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Sees Significant Decrease in Short Interest

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 103,251 shares, a decrease of 64.7% from the July 15th total of 292,107 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 238,435 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. CIBC Private Wealth Group LLC acquired a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the 4th quarter worth approximately $34,000. EverSource Wealth Advisors LLC boosted its holdings in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 44.8% during the second quarter. EverSource Wealth Advisors LLC now owns 763 shares of the company’s stock worth $35,000 after buying an additional 236 shares in the last quarter. Blue Trust Inc. grew its position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 40.0% in the first quarter. Blue Trust Inc. now owns 980 shares of the company’s stock worth $45,000 after buying an additional 280 shares during the last quarter. Beacon Capital Management Inc. grew its position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 302.0% in the fourth quarter. Beacon Capital Management Inc. now owns 1,182 shares of the company’s stock worth $55,000 after buying an additional 888 shares during the last quarter. Finally, Aptus Capital Advisors LLC bought a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the fourth quarter valued at $71,000.

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

Shares of XTEN stock traded down $0.22 during mid-day trading on Friday, hitting $44.26. 87,899 shares of the stock traded hands, compared to its average volume of 211,443. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a twelve month low of $44.12 and a twelve month high of $47.50. The company’s 50-day simple moving average is $44.95 and its 200-day simple moving average is $45.60.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Company Profile

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.