BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Sees Significant Increase in Short Interest

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 46,254 shares, a growth of 97.2% from the June 15th total of 23,461 shares. Based on an average daily trading volume, of 32,001 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Trading of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Elevated Capital Advisors LLC acquired a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the first quarter valued at about $55,000. Fifth Third Bancorp acquired a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter valued at approximately $59,000. Comerica Bank acquired a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 4th quarter valued at approximately $61,000. Centaurus Financial Inc. purchased a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 1st quarter worth $103,000. Finally, NewEdge Advisors LLC purchased a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the second quarter valued at approximately $207,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Price Performance

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF stock opened at $48.42 on Thursday. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 1 year low of $48.16 and a 1 year high of $50.19. The firm has a 50-day moving average of $48.53 and a two-hundred day moving average of $49.08.

About BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

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.