Build Bond Innovation ETF (NYSEARCA:BFIX) Short Interest Update

Build Bond Innovation ETF (NYSEARCA:BFIX) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 49,243 shares, a growth of 9,261.8% from the June 30th total of 526 shares. Based on an average trading volume of 12,122 shares, the days-to-cover ratio is currently 4.1 days. Currently, 9.8% of the company’s shares are sold short.

Build Bond Innovation ETF Trading Up 0.0%

BFIX opened at $24.98 on Friday. The stock has a fifty day simple moving average of $25.13 and a two-hundred day simple moving average of $25.33. Build Bond Innovation ETF has a 12-month low of $24.59 and a 12-month high of $26.60.

Institutional Investors Weigh In On Build Bond Innovation ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BFIX. Royal Bank of Canada bought a new position in Build Bond Innovation ETF in the first quarter worth approximately $66,000. Blue Jean Financial LLC purchased a new position in shares of Build Bond Innovation ETF during the fourth quarter valued at about $1,350,000. Orion Porfolio Solutions LLC lifted its position in Build Bond Innovation ETF by 12.7% during the fourth quarter. Orion Porfolio Solutions LLC now owns 26,070 shares of the company’s stock valued at $659,000 after purchasing an additional 2,930 shares during the last quarter. Vista Investment Partners II LLC lifted its position in Build Bond Innovation ETF by 54.1% in the fourth quarter. Vista Investment Partners II LLC now owns 28,926 shares of the company’s stock worth $731,000 after buying an additional 10,150 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in Build Bond Innovation ETF during the second quarter worth $266,000.

Build Bond Innovation ETF Company Profile

The Build Bond Innovation ETF (BFIX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a broad-based global portfolio of investment grade fixed income securities and US equity call options tied to the upside performance of the S&P 500 Index. BFIX was launched on Feb 9, 2022 and is managed by Build.