BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Shares Shorted: Short Interest Down 64.6% in October

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 5,814 shares, a decline of 64.6% from the September 30th total of 16,425 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 156,823 shares, the days-to-cover ratio is currently 0.0 days.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Elevated Capital Advisors LLC bought a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the first quarter valued at $55,000. Fifth Third Bancorp bought a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 1st quarter worth about $59,000. Centaurus Financial Inc. acquired a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter worth about $103,000. Capital Wealth Management LLC acquired a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 2nd quarter worth about $222,000. Finally, Strait & Sound Wealth Management LLC bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter valued at about $250,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Performance

NYSEARCA:XFIV traded up $0.18 during mid-day trading on Thursday, hitting $47.37. The company’s stock had a trading volume of 24,164 shares, compared to its average volume of 74,352. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a fifty-two week low of $46.44 and a fifty-two week high of $50.19. The stock has a fifty day moving average of $47.26 and a 200-day moving average of $48.50.

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.