BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Short Interest Up 127.5% in August

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 30,260 shares, a growth of 127.5% from the July 30th total of 13,299 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 93,746 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Global Assets Advisory LLC grew its position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 2.6% in the 1st quarter. Global Assets Advisory LLC now owns 12,088 shares of the company’s stock valued at $594,000 after acquiring an additional 301 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 15.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,926 shares of the company’s stock worth $392,000 after purchasing an additional 1,062 shares during the last quarter. Elevated Capital Advisors LLC bought a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the first quarter worth $55,000. Fifth Third Bancorp purchased a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the first quarter valued at $59,000. Finally, Comerica Bank purchased a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the fourth quarter valued at $61,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Down 0.4%

Shares of NYSEARCA XFIV traded down $0.17 during mid-day trading on Friday, hitting $48.02. 28,933 shares of the company’s stock traded hands, compared to its average volume of 75,476. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 1 year low of $47.98 and a 1 year high of $50.19. The company’s 50-day moving average is $48.30 and its two-hundred day moving average is $48.80.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) 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 five years. XFIV was launched on Sep 13, 2022 and is managed by BondBloxx.