Short Interest in BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Grows By 734.0%

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 61,758 shares, an increase of 734.0% from the February 26th total of 7,405 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 110,636 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 110,636 shares, the short-interest ratio is presently 0.6 days. Approximately 0.4% of the shares of the company are short sold.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. Smart Portfolios LLC grew its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 0.5% in the 3rd quarter. Smart Portfolios LLC now owns 63,474 shares of the company’s stock worth $3,152,000 after buying an additional 332 shares in the last quarter. CWM LLC raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.4% during the 4th quarter. CWM LLC now owns 15,225 shares of the company’s stock valued at $754,000 after acquiring an additional 363 shares in the last quarter. Formidable Asset Management LLC raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 8.6% during the 3rd quarter. Formidable Asset Management LLC now owns 5,636 shares of the company’s stock valued at $280,000 after acquiring an additional 445 shares in the last quarter. Sugar Maple Asset Management LLC boosted its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.4% during the 3rd quarter. Sugar Maple Asset Management LLC now owns 19,453 shares of the company’s stock worth $966,000 after acquiring an additional 452 shares during the period. Finally, Csenge Advisory Group grew its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 10.1% in the fourth quarter. Csenge Advisory Group now owns 5,161 shares of the company’s stock worth $256,000 after purchasing an additional 475 shares in the last quarter. Institutional investors and hedge funds own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Trading Down 0.1%

BondBloxx Bloomberg One Year Target Duration US Treasury ETF stock traded down $0.03 during mid-day trading on Tuesday, reaching $49.43. The company’s stock had a trading volume of 76,430 shares, compared to its average volume of 107,390. The firm has a market cap of $715.25 million, a price-to-earnings ratio of -52.59 and a beta of 0.08. The business has a 50 day moving average price of $49.54 and a 200-day moving average price of $49.58. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a twelve month low of $49.40 and a twelve month high of $49.78.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.1358 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, March 2nd. BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s dividend payout ratio (DPR) is presently -221.28%.

About BondBloxx Bloomberg One Year Target Duration US Treasury ETF

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.