BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Short Interest Up 125.2% in April

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 21,139 shares, a growth of 125.2% from the April 15th total of 9,387 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 34,592 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in XFIV. NewEdge Advisors LLC acquired a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the second quarter valued at about $207,000. Jane Street Group LLC raised its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 185.2% during the second quarter. Jane Street Group LLC now owns 19,669 shares of the company’s stock valued at $971,000 after buying an additional 12,772 shares during the last quarter. Bank of America Corp DE raised its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 18.6% during the second quarter. Bank of America Corp DE now owns 94,827 shares of the company’s stock valued at $4,680,000 after buying an additional 14,859 shares during the last quarter. IHT Wealth Management LLC acquired a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the second quarter valued at about $322,000. Finally, Kingdom Financial Group LLC. acquired a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the third quarter valued at about $586,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Down 0.6%

Shares of XFIV traded down $0.28 during trading hours on Friday, reaching $48.37. 87,148 shares of the company traded hands, compared to its average volume of 68,436. The stock’s fifty day moving average is $49.08 and its 200 day moving average is $49.43. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 1-year low of $48.36 and a 1-year high of $50.19.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) 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 five years. XFIV was launched on Sep 13, 2022 and is managed by BondBloxx.