BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Short Interest Update

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 18,561 shares, a drop of 65.8% from the May 14th total of 54,256 shares. Based on an average daily trading volume, of 359,803 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Curry Webb Wealth Management LLC bought a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 1st quarter worth approximately $2,069,000. Maripau Wealth Management LLC bought a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 1st quarter valued at $219,000. Bank of America Corp DE increased its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 9.4% during the 1st quarter. Bank of America Corp DE now owns 946,074 shares of the company’s stock valued at $47,616,000 after purchasing an additional 81,667 shares in the last quarter. Royal Bank of Canada increased its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 44.8% during the 1st quarter. Royal Bank of Canada now owns 629,578 shares of the company’s stock valued at $31,687,000 after purchasing an additional 194,858 shares in the last quarter. Finally, Empowered Funds LLC increased its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 12.8% during the 1st quarter. Empowered Funds LLC now owns 88,249 shares of the company’s stock valued at $4,429,000 after purchasing an additional 9,999 shares in the last quarter.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

NYSEARCA:XHLF opened at $50.20 on Thursday. The firm’s 50 day simple moving average is $50.25 and its 200 day simple moving average is $50.28. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a one year low of $50.17 and a one year high of $50.42.

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.