BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Significant Decrease in Short Interest

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 66,677 shares, a decline of 79.3% from the August 15th total of 322,777 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 216,027 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Large investors have recently made changes to their positions in the company. IFP Advisors Inc boosted its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 600.0% during the 3rd quarter. IFP Advisors Inc now owns 700 shares of the company’s stock worth $35,000 after acquiring an additional 600 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,779.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 921 shares of the company’s stock valued at $46,000 after acquiring an additional 872 shares during the period. Lloyd Advisory Services LLC. purchased a new position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 4th quarter valued at about $55,000. Nemes Rush Group LLC increased its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 39.9% in the 4th quarter. Nemes Rush Group LLC now owns 1,391 shares of the company’s stock valued at $70,000 after purchasing an additional 397 shares in the last quarter. Finally, NBH Bank acquired a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 2nd quarter worth about $70,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Up 0.0%

Shares of XHLF stock traded up $0.01 during mid-day trading on Friday, reaching $50.18. The stock had a trading volume of 484,570 shares, compared to its average volume of 408,999. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 1-year low of $50.14 and a 1-year high of $50.42. The business’s fifty day moving average is $50.23 and its 200-day moving average is $50.25.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.