Short Interest in BondBloxx IR+M Tax-Aware Intermediate Duration ETF (NYSEARCA:TXXI) Drops By 49.5%

BondBloxx IR+M Tax-Aware Intermediate Duration ETF (NYSEARCA:TXXI) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 7,544 shares, a decline of 49.5% from the July 30th total of 14,939 shares. Based on an average daily volume of 5,789 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.1% of the shares of the stock are short sold.

BondBloxx IR+M Tax-Aware Intermediate Duration ETF Trading Down 0.1%

TXXI stock opened at $49.90 on Friday. The stock has a 50-day moving average price of $50.32 and a two-hundred day moving average price of $50.51. BondBloxx IR+M Tax-Aware Intermediate Duration ETF has a 1 year low of $49.26 and a 1 year high of $55.78.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. BCGM Wealth Management LLC increased its holdings in BondBloxx IR+M Tax-Aware Intermediate Duration ETF by 11.9% in the first quarter. BCGM Wealth Management LLC now owns 75,493 shares of the company’s stock valued at $3,787,000 after purchasing an additional 8,028 shares during the period. Impact Partnership Wealth LLC bought a new stake in BondBloxx IR+M Tax-Aware Intermediate Duration ETF in the first quarter valued at approximately $661,000. Balance Wealth LLC boosted its holdings in BondBloxx IR+M Tax-Aware Intermediate Duration ETF by 52.9% in the first quarter. Balance Wealth LLC now owns 14,817 shares of the company’s stock valued at $743,000 after acquiring an additional 5,126 shares during the last quarter. Captrust Financial Advisors bought a new position in BondBloxx IR+M Tax-Aware Intermediate Duration ETF during the 4th quarter worth approximately $2,902,000. Finally, Inspire Advisors LLC acquired a new position in shares of BondBloxx IR+M Tax-Aware Intermediate Duration ETF in the 4th quarter worth approximately $321,000.

About BondBloxx IR+M Tax-Aware Intermediate Duration ETF

The BondBloxx IR+M Tax-Aware Intermediate Duration ETF (TXXI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a diversified portfolio of US dollar-denominated municipal and taxable fixed income securities, seeking to provide attractive after-tax income while maintaining capital preservation. TXXI was launched on Mar 13, 2025 and is issued by BondBloxx.