BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Short Interest Up 367.0% in December

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 55,443 shares, a growth of 367.0% from the December 15th total of 11,872 shares. Based on an average daily volume of 272,902 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 272,902 shares, the short-interest ratio is presently 0.2 days.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Stock Performance

XTEN traded up $0.15 during midday trading on Wednesday, reaching $46.56. The company’s stock had a trading volume of 337,344 shares, compared to its average volume of 99,326. The company has a fifty day simple moving average of $46.55 and a 200 day simple moving average of $46.37. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a twelve month low of $44.38 and a twelve month high of $47.82.

Hedge Funds Weigh In On BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

Several large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 86.9% in the second quarter. JPMorgan Chase & Co. now owns 1,345,190 shares of the company’s stock valued at $62,094,000 after acquiring an additional 625,614 shares during the period. Austin Private Wealth LLC boosted its holdings in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 109.5% during the second quarter. Austin Private Wealth LLC now owns 577,059 shares of the company’s stock valued at $26,637,000 after purchasing an additional 301,643 shares in the last quarter. Bank of America Corp DE grew its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 47.9% in the 2nd quarter. Bank of America Corp DE now owns 928,641 shares of the company’s stock valued at $42,866,000 after purchasing an additional 300,912 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 48.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 733,740 shares of the company’s stock worth $33,869,000 after buying an additional 238,935 shares in the last quarter. Finally, Gradient Investments LLC raised its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 53.8% in the 3rd quarter. Gradient Investments LLC now owns 667,789 shares of the company’s stock worth $31,139,000 after buying an additional 233,638 shares in the last quarter.

About BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.