BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) Short Interest Update

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 6,121 shares, a drop of 68.2% from the July 30th total of 19,271 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 40,267 shares, the days-to-cover ratio is presently 0.2 days.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Price Performance

NYSEARCA XSVN traded down $0.19 on Friday, reaching $46.42. The stock had a trading volume of 25,411 shares, compared to its average volume of 56,153. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF has a 12-month low of $46.36 and a 12-month high of $48.98. The business’s 50-day moving average price is $46.74 and its 200 day moving average price is $47.32.

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

A number of institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. acquired a new stake in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the 1st quarter worth $375,000. Jane Street Group LLC increased its stake in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 23.5% in the first quarter. Jane Street Group LLC now owns 8,037 shares of the company’s stock valued at $384,000 after purchasing an additional 1,527 shares during the period. Cetera Investment Advisers acquired a new position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF in the second quarter valued at $227,000. Raymond James Financial Inc. purchased a new stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF in the second quarter valued at about $29,000. Finally, Bank of America Corp DE raised its holdings in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 4.6% in the second quarter. Bank of America Corp DE now owns 92,872 shares of the company’s stock valued at $4,447,000 after buying an additional 4,065 shares during the last quarter.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Company Profile

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