Short Interest in BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Increases By 358.1%

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 44,680 shares, an increase of 358.1% from the June 15th total of 9,754 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 165,204 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of BondBloxx IR+M Tax-Aware Short Duration ETF

A number of hedge funds have recently bought and sold shares of the company. EP Wealth Advisors LLC purchased a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF in the 4th quarter worth approximately $68,762,000. Thrivent Financial for Lutherans purchased a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the 4th quarter worth $4,569,000. Assetmark Inc. purchased a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the 1st quarter worth $4,028,000. Cornerstone Advisors Asset Management LLC acquired a new stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the fourth quarter worth $2,497,000. Finally, Tanager Wealth Management LLP boosted its holdings in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 21.7% during the first quarter. Tanager Wealth Management LLP now owns 230,239 shares of the company’s stock worth $11,640,000 after purchasing an additional 41,025 shares during the last quarter.

BondBloxx IR+M Tax-Aware Short Duration ETF Trading Down 0.1%

Shares of NYSEARCA TAXX opened at $50.56 on Tuesday. BondBloxx IR+M Tax-Aware Short Duration ETF has a 12 month low of $50.35 and a 12 month high of $51.13. The company has a 50-day simple moving average of $50.64 and a 200-day simple moving average of $50.72.

BondBloxx IR+M Tax-Aware Short Duration ETF Company Profile

The BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking attractive after-tax income while preserving capital through investments in USD-denominated municipal and taxable short-duration fixed income securities. TAXX was launched on Mar 14, 2024 and is issued by BondBloxx.