BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Sees Significant Growth in Short Interest

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX – Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 10,208 shares, a growth of 554.4% from the September 15th total of 1,560 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 25,211 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On BondBloxx IR+M Tax-Aware Short Duration ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Citadel Advisors LLC lifted its holdings in BondBloxx IR+M Tax-Aware Short Duration ETF by 7.8% during the 2nd quarter. Citadel Advisors LLC now owns 20,231 shares of the company’s stock worth $1,027,000 after buying an additional 1,456 shares in the last quarter. CGN Advisors LLC raised its position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 6.1% during the second quarter. CGN Advisors LLC now owns 27,610 shares of the company’s stock worth $1,401,000 after acquiring an additional 1,595 shares during the last quarter. Balance Wealth LLC lifted its stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 3.5% during the first quarter. Balance Wealth LLC now owns 52,451 shares of the company’s stock valued at $2,652,000 after acquiring an additional 1,774 shares during the period. Tanager Wealth Management LLP lifted its stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 1.9% during the second quarter. Tanager Wealth Management LLP now owns 234,724 shares of the company’s stock valued at $11,910,000 after acquiring an additional 4,485 shares during the period. Finally, BCGM Wealth Management LLC boosted its holdings in BondBloxx IR+M Tax-Aware Short Duration ETF by 6.8% in the first quarter. BCGM Wealth Management LLC now owns 107,931 shares of the company’s stock valued at $5,456,000 after acquiring an additional 6,826 shares during the last quarter.

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

Shares of NYSEARCA:TAXX traded up $0.11 during midday trading on Friday, reaching $49.87. The company’s stock had a trading volume of 28,185 shares, compared to its average volume of 38,753. The business’s fifty day simple moving average is $50.25 and its 200-day simple moving average is $50.48. BondBloxx IR+M Tax-Aware Short Duration ETF has a fifty-two week low of $49.72 and a fifty-two week high of $51.13.

About BondBloxx IR+M Tax-Aware Short Duration ETF

(Get Free Report)

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.

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