Quadratic Deflation ETF (NYSEARCA:BNDD) Short Interest Update

Quadratic Deflation ETF (NYSEARCA:BNDD) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 31,884 shares, an increase of 61,215.4% from the May 31st total of 52 shares. Based on an average daily trading volume, of 22,464 shares, the days-to-cover ratio is currently 1.4 days. Approximately 35.4% of the company’s stock are sold short.

Institutional Investors Weigh In On Quadratic Deflation ETF

A hedge fund recently bought a new stake in Quadratic Deflation ETF stock. Boyd Watterson Asset Management LLC OH acquired a new position in shares of Quadratic Deflation ETF (NYSEARCA:BNDD) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 266 shares of the company’s stock, valued at approximately $26,000. Boyd Watterson Asset Management LLC OH owned about 0.30% of Quadratic Deflation ETF at the end of the most recent quarter.

Quadratic Deflation ETF Stock Performance

BNDD stock opened at $101.53 on Friday. The company’s 50 day moving average price is $98.46 and its 200 day moving average price is $97.84. Quadratic Deflation ETF has a fifty-two week low of $94.64 and a fifty-two week high of $102.28.

About Quadratic Deflation ETF

The Quadratic Deflation ETF (BNDD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US Treasuries and options strategies tied to the shape of the US interest rate swap curve. BNDD was launched on Sep 21, 2021 and is managed by KraneShares.