BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Short Interest Down 51.6% in July

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 21,629 shares, a drop of 51.6% from the June 30th total of 44,680 shares. Based on an average daily volume of 94,447 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Trading of BondBloxx IR+M Tax-Aware Short Duration ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the second quarter worth about $32,000. JPMorgan Chase & Co. bought a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the 3rd quarter worth $174,000. Indivisible Partners purchased a new stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the 4th quarter valued at $245,000. Farther Finance Advisors LLC lifted its holdings in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 37.4% during the 4th quarter. Farther Finance Advisors LLC now owns 5,515 shares of the company’s stock worth $280,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Guild Investment Management Inc. grew its position in BondBloxx IR+M Tax-Aware Short Duration ETF by 37.5% in the fourth quarter. Guild Investment Management Inc. now owns 5,500 shares of the company’s stock worth $280,000 after acquiring an additional 1,500 shares in the last quarter.

BondBloxx IR+M Tax-Aware Short Duration ETF Trading Up 0.1%

Shares of BondBloxx IR+M Tax-Aware Short Duration ETF stock traded up $0.05 during trading on Tuesday, hitting $50.51. The stock had a trading volume of 3,306 shares, compared to its average volume of 43,412. BondBloxx IR+M Tax-Aware Short Duration ETF has a 12 month low of $50.35 and a 12 month high of $51.13. The business’s 50-day moving average is $50.62 and its 200 day moving average is $50.71.

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.