Short Interest in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Declines By 83.6%

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 61,355 shares, a drop of 83.6% from the June 30th total of 374,867 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 458,771 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Large investors have recently modified their holdings of the company. IFP Advisors Inc grew its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 600.0% during the third quarter. IFP Advisors Inc now owns 700 shares of the company’s stock worth $35,000 after purchasing an additional 600 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,779.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 921 shares of the company’s stock valued at $46,000 after purchasing an additional 872 shares during the period. Lloyd Advisory Services LLC. acquired a new stake 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 grew its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 39.9% during the 4th quarter. Nemes Rush Group LLC now owns 1,391 shares of the company’s stock worth $70,000 after buying an additional 397 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 4th quarter worth approximately $74,000.

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

Shares of XHLF traded up $0.02 during mid-day trading on Friday, hitting $50.25. 135,334 shares of the company’s stock were exchanged, compared to its average volume of 429,922. The stock’s 50-day moving average is $50.23 and its 200-day moving average is $50.26. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a fifty-two week low of $50.14 and a fifty-two week high of $50.42.

About BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

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.