Quadratic Deflation ETF (NYSEARCA:BNDD) Sees Significant Increase in Short Interest

Quadratic Deflation ETF (NYSEARCA:BNDD) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 31,884 shares, an increase of 61,215.4% from the May 31st total of 52 shares. Currently, 35.4% of the company’s shares are sold short. Based on an average daily volume of 22,464 shares, the short-interest ratio is presently 1.4 days.

Quadratic Deflation ETF Trading Up 0.2%

Shares of Quadratic Deflation ETF stock opened at $101.74 on Friday. The stock has a 50 day moving average price of $98.54 and a 200-day moving average price of $97.86. Quadratic Deflation ETF has a one year low of $94.64 and a one year high of $102.28.

Institutional Trading of Quadratic Deflation ETF

An institutional investor recently bought a new stake in Quadratic Deflation ETF stock. Hilltop Holdings Inc. acquired a new position in shares of Quadratic Deflation ETF (NYSEARCA:BNDD) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 15,375 shares of the company’s stock, valued at approximately $1,472,000. Hilltop Holdings Inc. owned 17.08% of Quadratic Deflation ETF as of its most recent SEC filing.

About Quadratic Deflation ETF

The Quadratic Deflation ETF (BNDD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US Treasuries and options strategies tied to the shape of the US interest rate swap curve. BNDD was launched on Sep 21, 2021 and is managed by KraneShares.