BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) Shares Shorted: Short Interest Down 59.5% in September

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 8,505 shares, a decline of 59.5% from the September 15th total of 21,018 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 164,416 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF

A number of institutional investors have recently bought and sold shares of the business. Armstrong Advisory Group Inc. boosted its stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 80,719.2% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 21,013 shares of the company’s stock valued at $938,000 after buying an additional 20,987 shares during the period. Gradient Investments LLC bought a new stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF in the 3rd quarter valued at approximately $59,195,000. Envestnet Asset Management Inc. raised its position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 23.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,289,661 shares of the company’s stock valued at $108,232,000 after acquiring an additional 438,568 shares in the last quarter. Citadel Advisors LLC grew its position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 25.0% in the second quarter. Citadel Advisors LLC now owns 9,715 shares of the company’s stock worth $459,000 after acquiring an additional 1,945 shares in the last quarter. Finally, Brown Financial Advisors raised its holdings in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 47.2% during the 2nd quarter. Brown Financial Advisors now owns 104,423 shares of the company’s stock valued at $4,936,000 after purchasing an additional 33,479 shares in the last quarter.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Stock Performance

Shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF stock traded up $0.10 during trading on Wednesday, hitting $44.88. The stock had a trading volume of 67,406 shares, compared to its average volume of 81,172. The stock has a 50 day simple moving average of $45.73 and a 200 day simple moving average of $46.65. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF has a 1 year low of $44.33 and a 1 year high of $48.98.

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.