Short Interest in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) Drops By 42.7%

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 8,372 shares, a decrease of 42.7% from the May 14th total of 14,617 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 125,082 shares, the days-to-cover ratio is presently 0.1 days.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Price Performance

NYSEARCA:XTRE opened at $48.97 on Friday. The business’s fifty day moving average price is $49.20 and its 200 day moving average price is $49.56. BondBloxx Bloomberg Three Year Target Duration US Treasury ETF has a 12 month low of $48.79 and a 12 month high of $50.15.

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

Large investors have recently bought and sold shares of the business. Cetera Investment Advisers boosted its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 8.5% in the first quarter. Cetera Investment Advisers now owns 5,038 shares of the company’s stock valued at $249,000 after acquiring an additional 393 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 12.4% in the first quarter. Janney Montgomery Scott LLC now owns 4,770 shares of the company’s stock valued at $236,000 after acquiring an additional 525 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 1.8% in the third quarter. Wealthcare Advisory Partners LLC now owns 34,625 shares of the company’s stock valued at $1,726,000 after acquiring an additional 616 shares in the last quarter. Global Retirement Partners LLC boosted its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 177.6% in the fourth quarter. Global Retirement Partners LLC now owns 1,002 shares of the company’s stock valued at $50,000 after acquiring an additional 641 shares in the last quarter. Finally, Barnes Wealth Management Group Inc boosted its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 2.5% in the fourth quarter. Barnes Wealth Management Group Inc now owns 29,326 shares of the company’s stock valued at $1,459,000 after acquiring an additional 726 shares in the last quarter.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Company Profile

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