Build Bond Innovation ETF (NYSEARCA:BFIX) Short Interest Update

Build Bond Innovation ETF (NYSEARCA:BFIX) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 9,868 shares, a decrease of 80.0% from the July 15th total of 49,243 shares. Currently, 1.8% of the company’s stock are sold short. Based on an average daily trading volume, of 1,245 shares, the short-interest ratio is presently 7.9 days.

Build Bond Innovation ETF Stock Up 0.1%

NYSEARCA:BFIX traded up $0.03 during trading hours on Friday, reaching $25.04. 5,051 shares of the company traded hands, compared to its average volume of 2,655. The business’s 50-day moving average price is $25.06 and its two-hundred day moving average price is $25.28. Build Bond Innovation ETF has a 1 year low of $24.59 and a 1 year high of $26.60.

Hedge Funds Weigh In On Build Bond Innovation ETF

Several institutional investors and hedge funds have recently modified their holdings of BFIX. Blue Jean Financial LLC bought a new position in Build Bond Innovation ETF in the 4th quarter worth about $1,350,000. Orion Porfolio Solutions LLC increased its stake in Build Bond Innovation ETF by 12.7% during the 4th quarter. Orion Porfolio Solutions LLC now owns 26,070 shares of the company’s stock valued at $659,000 after purchasing an additional 2,930 shares in the last quarter. Jane Street Group LLC bought a new stake in Build Bond Innovation ETF during the 2nd quarter valued at about $266,000. Finally, Royal Bank of Canada bought a new stake in Build Bond Innovation ETF during the 1st quarter valued at about $66,000.

Build Bond Innovation ETF Company Profile

The Build Bond Innovation ETF (BFIX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a broad-based global portfolio of investment grade fixed income securities and US equity call options tied to the upside performance of the S&P 500 Index. BFIX was launched on Feb 9, 2022 and is managed by Build.