BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Short Interest Up 154.7% in December

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 38,415 shares, an increase of 154.7% from the December 15th total of 15,081 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 62,034 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 62,034 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the company’s shares are sold short.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Laurel Wealth Advisors LLC raised its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 5,493.4% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 867,533 shares of the company’s stock valued at $43,056,000 after buying an additional 852,023 shares during the period. Smith Moore & CO. acquired a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the second quarter worth $24,673,000. Bank of America Corp DE lifted its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 27.6% in the 3rd quarter. Bank of America Corp DE now owns 1,808,944 shares of the company’s stock valued at $89,832,000 after purchasing an additional 390,810 shares during the last quarter. Tanager Wealth Management LLP grew its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 474.1% during the 2nd quarter. Tanager Wealth Management LLP now owns 185,219 shares of the company’s stock worth $9,192,000 after purchasing an additional 152,958 shares during the period. Finally, AE Wealth Management LLC increased its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 12.7% during the 2nd quarter. AE Wealth Management LLC now owns 1,054,535 shares of the company’s stock worth $52,337,000 after purchasing an additional 118,884 shares during the last quarter. Institutional investors and hedge funds own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Trading Down 0.0%

Shares of XONE stock opened at $49.57 on Friday. The company’s 50-day moving average price is $49.58 and its 200-day moving average price is $49.57. The stock has a market cap of $682.08 million, a price-to-earnings ratio of -52.73 and a beta of 0.08. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a twelve month low of $49.40 and a twelve month high of $49.78.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company Profile

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.