BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Short Interest Down 44.6% in May

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 54,256 shares, a drop of 44.6% from the April 30th total of 97,857 shares. Based on an average daily volume of 417,327 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

A number of large investors have recently modified their holdings of XHLF. Q3 Asset Management lifted its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 37.5% during the fourth quarter. Q3 Asset Management now owns 4,798,145 shares of the company’s stock worth $241,106,000 after purchasing an additional 1,309,242 shares in the last quarter. SoundView Advisors Inc. bought a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 4th quarter valued at $26,090,000. Royal Bank of Canada boosted its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,592.7% in the 4th quarter. Royal Bank of Canada now owns 434,720 shares of the company’s stock valued at $21,845,000 after buying an additional 409,038 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 664,461.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 325,635 shares of the company’s stock valued at $16,363,000 after buying an additional 325,586 shares during the last quarter. Finally, Pineridge Advisors LLC boosted its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 11.5% in the 3rd quarter. Pineridge Advisors LLC now owns 2,132,997 shares of the company’s stock valued at $107,546,000 after buying an additional 220,236 shares during the last quarter.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Price Performance

XHLF stock opened at $50.18 on Thursday. The business has a fifty day moving average price of $50.26 and a 200 day moving average price of $50.29. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a fifty-two week low of $50.17 and a fifty-two week high of $50.42.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.