BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) Shares Shorted: Short Interest Up 37,824.1% in September

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 769,860 shares, an increase of 37,824.1% from the September 15th total of 2,030 shares. Based on an average daily volume of 197,041 shares, the days-to-cover ratio is presently 3.9 days. Currently, 25.3% of the company’s shares are sold short.

Institutional Trading of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF

Hedge funds have recently added to or reduced their stakes in the business. Citadel Advisors LLC purchased a new position in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the 2nd quarter worth about $712,000. Dynamic Advisor Solutions LLC grew its stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 25.4% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 116,969 shares of the company’s stock valued at $5,735,000 after buying an additional 23,708 shares during the period. S&A Financial Services Inc. purchased a new position in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF in the 1st quarter worth $570,000. NewEdge Advisors LLC raised its position in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 11.8% in the 1st quarter. NewEdge Advisors LLC now owns 19,980 shares of the company’s stock worth $989,000 after buying an additional 2,108 shares during the period. Finally, Bank of America Corp DE boosted its holdings in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 2.7% in the first quarter. Bank of America Corp DE now owns 99,419 shares of the company’s stock valued at $4,922,000 after acquiring an additional 2,591 shares during the last quarter.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Stock Performance

XTRE stock opened at $47.89 on Friday. BondBloxx Bloomberg Three Year Target Duration US Treasury ETF has a 52-week low of $47.71 and a 52-week high of $50.15. The stock’s fifty day simple moving average is $48.38 and its 200-day simple moving average is $48.84.

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.