Short Interest in BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Increases By 71.4%

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 57,554 shares, an increase of 71.4% from the December 31st total of 33,588 shares. Based on an average daily trading volume, of 21,135 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.2% of the shares of the company are sold short. Approximately 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 21,135 shares, the days-to-cover ratio is presently 2.7 days.

BondBloxx IR+M Tax-Aware Short Duration ETF Trading Up 0.0%

TAXX stock traded up $0.01 on Friday, reaching $50.96. 12,703 shares of the company were exchanged, compared to its average volume of 18,900. BondBloxx IR+M Tax-Aware Short Duration ETF has a 12 month low of $49.80 and a 12 month high of $51.20. The stock’s fifty day moving average price is $50.80 and its 200 day moving average price is $50.83.

Institutional Investors Weigh In On BondBloxx IR+M Tax-Aware Short Duration ETF

Institutional investors have recently added to or reduced their stakes in the company. CWM LLC raised its holdings in BondBloxx IR+M Tax-Aware Short Duration ETF by 4.1% in the 4th quarter. CWM LLC now owns 352,367 shares of the company’s stock valued at $17,872,000 after acquiring an additional 13,752 shares in the last quarter. One Capital Management LLC grew its holdings in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 4.5% during the 3rd quarter. One Capital Management LLC now owns 199,857 shares of the company’s stock worth $10,189,000 after purchasing an additional 8,605 shares in the last quarter. Tanager Wealth Management LLP increased its position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 5.5% during the fourth quarter. Tanager Wealth Management LLP now owns 189,214 shares of the company’s stock valued at $9,598,000 after purchasing an additional 9,781 shares during the period. Delos Wealth Advisors LLC lifted its position in BondBloxx IR+M Tax-Aware Short Duration ETF by 8.1% in the third quarter. Delos Wealth Advisors LLC now owns 115,332 shares of the company’s stock worth $5,880,000 after purchasing an additional 8,640 shares during the period. Finally, BCGM Wealth Management LLC boosted its stake in BondBloxx IR+M Tax-Aware Short Duration ETF by 2.6% during the fourth quarter. BCGM Wealth Management LLC now owns 101,105 shares of the company’s stock worth $5,128,000 after buying an additional 2,598 shares in the last quarter.

BondBloxx IR+M Tax-Aware Short Duration ETF Company Profile

The BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking attractive after-tax income while preserving capital through investments in USD-denominated municipal and taxable short-duration fixed income securities. TAXX was launched on Mar 14, 2024 and is issued by BondBloxx.