BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Short Interest Update

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 79,453 shares, a decline of 60.9% from the July 30th total of 203,367 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 104,780 shares, the short-interest ratio is presently 0.8 days.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA:XONE traded down $0.03 during trading on Friday, reaching $49.35. 109,444 shares of the stock traded hands, compared to its average volume of 117,000. The stock has a 50-day moving average of $49.31 and a two-hundred day moving average of $49.40. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 52-week low of $49.20 and a 52-week high of $49.70. The stock has a market cap of $829.57 million, a P/E ratio of -52.50 and a beta of 0.01.

Institutional Trading of BondBloxx Bloomberg One Year Target Duration US Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Tanager Wealth Management LLP lifted its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 69.4% during the second quarter. Tanager Wealth Management LLP now owns 943,490 shares of the company’s stock valued at $46,580,000 after purchasing an additional 386,502 shares in the last quarter. Compass Financial Management LLC bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 2nd quarter worth about $308,000. ZEGA Investments LLC raised its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 22.3% in the 2nd quarter. ZEGA Investments LLC now owns 20,062 shares of the company’s stock worth $990,000 after buying an additional 3,664 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 23,044 shares of the company’s stock valued at $1,138,000 after acquiring an additional 540 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.0% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 25,496 shares of the company’s stock valued at $1,259,000 after acquiring an additional 498 shares during the period. Institutional investors own 47.99% of the company’s stock.

About BondBloxx Bloomberg One Year Target Duration US Treasury ETF

The Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) 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 one year. XONE was launched on Sep 13, 2022 and is managed by BondBloxx.