Strive Enhanced Income Short Maturity ETF (NYSE:BUXX) Sees Significant Increase in Short Interest

Strive Enhanced Income Short Maturity ETF (NYSE:BUXX) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 320,994 shares, a growth of 421.6% from the May 31st total of 61,535 shares. Based on an average daily volume of 291,332 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.4% of the company’s shares are sold short.

Strive Enhanced Income Short Maturity ETF Price Performance

Shares of NYSE:BUXX traded up $0.01 during midday trading on Friday, hitting $20.28. 214,849 shares of the stock were exchanged, compared to its average volume of 361,656. Strive Enhanced Income Short Maturity ETF has a 52-week low of $20.18 and a 52-week high of $20.46. The business’s fifty day simple moving average is $20.25 and its two-hundred day simple moving average is $20.27.

Institutional Investors Weigh In On Strive Enhanced Income Short Maturity ETF

Hedge funds have recently modified their holdings of the business. Ethos Financial Group LLC lifted its stake in Strive Enhanced Income Short Maturity ETF by 161.6% in the fourth quarter. Ethos Financial Group LLC now owns 42,042 shares of the company’s stock valued at $851,000 after buying an additional 25,971 shares in the last quarter. Strive Asset Management LLC increased its holdings in shares of Strive Enhanced Income Short Maturity ETF by 16.4% during the third quarter. Strive Asset Management LLC now owns 64,239 shares of the company’s stock valued at $1,303,000 after acquiring an additional 9,047 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Strive Enhanced Income Short Maturity ETF by 46.7% during the fourth quarter. Farther Finance Advisors LLC now owns 116,998 shares of the company’s stock valued at $2,368,000 after buying an additional 37,232 shares during the last quarter. Copia Wealth Management lifted its position in shares of Strive Enhanced Income Short Maturity ETF by 11.7% during the fourth quarter. Copia Wealth Management now owns 398,671 shares of the company’s stock valued at $8,069,000 after purchasing an additional 41,660 shares in the last quarter. Finally, McIlrath & Eck LLC increased its position in shares of Strive Enhanced Income Short Maturity ETF by 0.4% during the 1st quarter. McIlrath & Eck LLC now owns 1,821,941 shares of the company’s stock valued at $36,885,000 after purchasing an additional 6,800 shares during the last quarter.

Strive Enhanced Income Short Maturity ETF Company Profile

The Strive Enhanced Income Short Maturity ETF (BUXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a portfolio of various fixed-income securities of any credit rating from issuers all around the globe. The fund aims for a dollar-weighted average maturity of less than two years BUXX was launched on Aug 10, 2023 and is issued by Alpha Architect.