BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Large Increase in Short Interest

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 322,777 shares, a growth of 375.6% from the July 30th total of 67,873 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 466,138 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of XHLF. Royal Bank of Canada grew its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 43.6% in the 1st quarter. Royal Bank of Canada now owns 19,881 shares of the company’s stock worth $1,001,000 after purchasing an additional 6,040 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 1st quarter valued at approximately $413,000. Quantinno Capital Management LP acquired a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 2nd quarter valued at approximately $1,002,000. Ausdal Financial Partners Inc. bought a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 2nd quarter worth approximately $1,022,000. Finally, Jane Street Group LLC bought a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 2nd quarter worth approximately $521,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

NYSEARCA XHLF traded up $0.02 during trading on Wednesday, hitting $50.30. The company’s stock had a trading volume of 127,198 shares, compared to its average volume of 416,578. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 52 week low of $50.14 and a 52 week high of $50.42. The firm has a 50 day moving average price of $50.24 and a 200 day moving average price of $50.25.

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.