Short Interest in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Increases By 1,598.4%

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 11,872 shares, an increase of 1,598.4% from the November 30th total of 699 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 98,337 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 98,337 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Price Performance

Shares of XTEN stock traded up $0.16 on Thursday, hitting $46.52. 46,159 shares of the company’s stock were exchanged, compared to its average volume of 166,664. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 12 month low of $43.92 and a 12 month high of $47.82. The company has a 50 day moving average of $46.77 and a 200 day moving average of $46.28.

Institutional Investors Weigh In On BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

A number of hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC bought a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the first quarter worth $50,000. NewEdge Advisors LLC acquired a new stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the 1st quarter worth about $16,342,000. Pinnacle Family Advisors LLC bought a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the 1st quarter worth about $250,000. Goldman Sachs Group Inc. acquired a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the 1st quarter valued at about $306,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the 1st quarter valued at about $1,105,000.

About BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.