Short Interest in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Declines By 83.6%

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 61,355 shares, a drop of 83.6% from the June 30th total of 374,867 shares. Based on an average daily volume of 458,771 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Investors Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Several large investors have recently modified their holdings of the stock. IFP Advisors Inc lifted its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 600.0% during the third quarter. IFP Advisors Inc now owns 700 shares of the company’s stock worth $35,000 after purchasing an additional 600 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,779.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 921 shares of the company’s stock valued at $46,000 after buying an additional 872 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 4th quarter valued at $55,000. Nemes Rush Group LLC increased its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 39.9% in the 4th quarter. Nemes Rush Group LLC now owns 1,391 shares of the company’s stock valued at $70,000 after buying an additional 397 shares during the period. Finally, Kestra Advisory Services LLC purchased a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 4th quarter worth $74,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Up 0.0%

XHLF traded up $0.02 on Friday, hitting $50.25. 135,334 shares of the company traded hands, compared to its average volume of 429,922. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 12-month low of $50.14 and a 12-month high of $50.42. The company has a 50 day moving average of $50.23 and a 200-day moving average of $50.26.

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.