BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) Short Interest Down 67.4% in July

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 25,419 shares, a drop of 67.4% from the July 15th total of 77,923 shares. Based on an average daily trading volume, of 3,186 shares, the days-to-cover ratio is currently 8.0 days. Currently, 3.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC purchased a new position in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents during the first quarter valued at about $1,010,000. Goldman Sachs Group Inc. purchased a new stake in shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents in the fourth quarter worth about $387,000. Tanager Wealth Management LLP bought a new position in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents during the first quarter valued at approximately $316,000. Plum Street Advisors LLC bought a new position in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents during the fourth quarter valued at approximately $306,000. Finally, Citadel Advisors LLC grew its holdings in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents by 86.8% during the 3rd quarter. Citadel Advisors LLC now owns 9,503 shares of the company’s stock valued at $477,000 after buying an additional 4,415 shares in the last quarter.

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents Trading Down 0.3%

Shares of BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents stock traded down $0.15 on Friday, hitting $49.69. 1,176 shares of the company traded hands, compared to its average volume of 4,130. BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents has a 52 week low of $48.92 and a 52 week high of $51.26. The business has a 50-day simple moving average of $50.03 and a 200 day simple moving average of $50.20.

About BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

The BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a portfolio of US dollar-denominated municipal securities and taxable fixed income instruments, aiming to provide attractive after-tax income specifically for Massachusetts residents. TAXM was launched on Mar 13, 2025 and is issued by BondBloxx.