Quadratic Deflation ETF (NYSEARCA:BNDD) Stock Short Interest Report for September

Quadratic Deflation ETF (NYSEARCA:BNDD) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 20 shares, a decrease of 59.2% from the September 15th total of 49 shares. Based on an average daily volume of 426 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Quadratic Deflation ETF Stock Performance

Shares of Quadratic Deflation ETF stock traded up $0.48 during midday trading on Tuesday, reaching $95.09. The company had a trading volume of 3,109 shares, compared to its average volume of 11,026. The stock has a fifty day simple moving average of $96.14 and a 200 day simple moving average of $97.60. Quadratic Deflation ETF has a 1-year low of $93.76 and a 1-year high of $102.28.

Quadratic Deflation ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were issued a dividend of $0.2886 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $3.46 annualized dividend and a yield of 3.6%. This is a negative change from Quadratic Deflation ETF’s previous monthly dividend of $0.2902.

Institutional Investors Weigh In On Quadratic Deflation ETF

A hedge fund recently bought a new stake in Quadratic Deflation ETF stock. Boyd Watterson Asset Management LLC OH bought a new position in shares of Quadratic Deflation ETF (NYSEARCA:BNDD) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 266 shares of the company’s stock, valued at approximately $26,000. Boyd Watterson Asset Management LLC OH owned about 0.30% of Quadratic Deflation ETF as of its most recent SEC filing.

About Quadratic Deflation ETF

The Quadratic Deflation ETF (BNDD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US Treasuries and options strategies tied to the shape of the US interest rate swap curve. BNDD was launched on Sep 21, 2021 and is managed by KraneShares.