BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) Sees Significant Increase in Short Interest

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 93,456 shares, a growth of 2,204.1% from the April 15th total of 4,056 shares. Approximately 15.3% of the shares of the company are sold short. Based on an average daily volume of 9,248 shares, the days-to-cover ratio is currently 10.1 days.

Institutional Trading of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

A number of institutional investors have recently modified their holdings of the stock. Tanager Wealth Management LLP bought a new stake in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents during the 1st quarter valued at $316,000. Plum Street Advisors LLC bought a new stake in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents during the 4th quarter valued at $306,000. Jane Street Group LLC lifted its position in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents by 82.8% during the 4th quarter. Jane Street Group LLC now owns 18,988 shares of the company’s stock valued at $954,000 after acquiring an additional 8,600 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents during the 4th quarter valued at $387,000. Finally, Citadel Advisors LLC lifted its position in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents by 86.8% during the 3rd quarter. Citadel Advisors LLC now owns 9,503 shares of the company’s stock valued at $477,000 after acquiring an additional 4,415 shares during the period.

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents Stock Performance

TAXM traded up $0.02 during trading on Monday, hitting $50.26. The stock had a trading volume of 904 shares, compared to its average volume of 4,740. The company has a 50 day moving average price of $50.19 and a 200-day moving average price of $50.36. BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents has a one year low of $48.64 and a one year high of $51.26.

About BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

The BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a portfolio of US dollar-denominated municipal securities and taxable fixed income instruments, aiming to provide attractive after-tax income specifically for Massachusetts residents. TAXM was launched on Mar 13, 2025 and is issued by BondBloxx.