BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Short Interest Down 74.1% in February

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 5,325 shares, a drop of 74.1% from the January 29th total of 20,553 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 96,583 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 96,583 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

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

Large investors have recently made changes to their positions in the business. Beacon Capital Management Inc. boosted its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 304.4% in the 4th quarter. Beacon Capital Management Inc. now owns 833 shares of the company’s stock worth $41,000 after buying an additional 627 shares during the last quarter. American Trust bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the fourth quarter worth about $95,000. Royal Bank of Canada raised its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 33.1% in the fourth quarter. Royal Bank of Canada now owns 2,701 shares of the company’s stock worth $134,000 after acquiring an additional 672 shares during the period. Wealth Watch Advisors INC purchased a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the fourth quarter valued at about $182,000. Finally, Brookstone Capital Management bought a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the 2nd quarter valued at approximately $215,000. 47.99% of the stock is owned by hedge funds and other institutional investors.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XONE traded up $0.03 during midday trading on Friday, reaching $49.63. The company’s stock had a trading volume of 76,646 shares, compared to its average volume of 113,524. The stock has a market capitalization of $718.15 million, a P/E ratio of -52.80 and a beta of 0.08. The firm has a 50 day moving average price of $49.58 and a 200-day moving average price of $49.59. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 12-month low of $49.40 and a 12-month high of $49.78.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.1693 dividend. This is an increase from BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, February 2nd. BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s payout ratio is presently -225.53%.

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.