Short Interest in BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Drops By 31.1%

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) saw a large decrease in short interest in December. As of December 15th, there was short interest totaling 15,081 shares, a decrease of 31.1% from the November 30th total of 21,902 shares. Based on an average trading volume of 76,340 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 76,340 shares, the short-interest ratio is currently 0.2 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Harvest Investment Services LLC increased its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 27.9% in the 3rd quarter. Harvest Investment Services LLC now owns 5,757 shares of the company’s stock valued at $286,000 after acquiring an additional 1,257 shares during the period. Lido Advisors LLC bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the third quarter valued at about $2,542,000. Flow Traders U.S. LLC grew its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 179.3% in the third quarter. Flow Traders U.S. LLC now owns 15,490 shares of the company’s stock valued at $769,000 after purchasing an additional 9,944 shares during the last quarter. Focus Partners Wealth raised its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 3.1% in the third quarter. Focus Partners Wealth now owns 746,616 shares of the company’s stock worth $37,077,000 after purchasing an additional 22,411 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the third quarter valued at about $927,000. Institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA:XONE traded up $0.01 during trading hours on Wednesday, hitting $49.54. The company’s stock had a trading volume of 74,379 shares, compared to its average volume of 119,465. The firm’s fifty day moving average price is $49.60 and its 200 day moving average price is $49.57. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 52 week low of $49.40 and a 52 week high of $49.78. The company has a market capitalization of $659.31 million, a price-to-earnings ratio of -52.70 and a beta of 0.08.

About BondBloxx Bloomberg One Year Target Duration US Treasury ETF

The Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) 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 one year. XONE was launched on Sep 13, 2022 and is managed by BondBloxx.