BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Sees Large Decline in Short Interest

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 15,081 shares, a decrease of 31.1% from the November 30th total of 21,902 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 76,340 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 76,340 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance

XONE stock traded down $0.16 on Tuesday, reaching $49.53. The company’s stock had a trading volume of 76,088 shares, compared to its average volume of 119,611. The firm has a fifty day moving average of $49.60 and a two-hundred day moving average of $49.57. The company has a market capitalization of $659.18 million, a P/E ratio of -52.69 and a beta of 0.08. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 52 week low of $49.40 and a 52 week high of $49.78.

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

Several institutional investors have recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the 2nd quarter worth about $27,000. Geneos Wealth Management Inc. increased its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 18.1% during the first quarter. Geneos Wealth Management Inc. now owns 3,982 shares of the company’s stock worth $198,000 after buying an additional 609 shares during the period. Brookstone Capital Management acquired a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 2nd quarter valued at about $215,000. Kingdom Financial Group LLC. bought a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the 2nd quarter worth approximately $232,000. Finally, Csenge Advisory Group bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 3rd quarter valued at about $233,000. Institutional investors and hedge funds own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) 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 one year. XONE was launched on Sep 13, 2022 and is managed by BondBloxx.