Short Interest in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Drops By 81.9%

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 21,314 shares, a decrease of 81.9% from the February 26th total of 118,056 shares. Based on an average daily trading volume, of 459,264 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 459,264 shares, the days-to-cover ratio is presently 0.0 days.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Trading Up 0.0%

Shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF stock traded up $0.01 on Wednesday, hitting $50.30. 296,179 shares of the company traded hands, compared to its average volume of 468,717. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 12-month low of $50.17 and a 12-month high of $50.42. The company has a 50-day moving average price of $50.29 and a 200 day moving average price of $50.31.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.1398 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.3%.

Institutional Investors Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Several institutional investors have recently made changes to their positions in the company. Ellis Investment Partners LLC lifted its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 3.6% during the third quarter. Ellis Investment Partners LLC now owns 9,514 shares of the company’s stock worth $480,000 after buying an additional 331 shares during the last quarter. Traub Capital Management LLC increased its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 6.7% during the fourth quarter. Traub Capital Management LLC now owns 5,390 shares of the company’s stock worth $271,000 after acquiring an additional 340 shares during the period. Nemes Rush Group LLC raised its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 39.9% during the 4th quarter. Nemes Rush Group LLC now owns 1,391 shares of the company’s stock valued at $70,000 after purchasing an additional 397 shares during the last quarter. ST Germain D J Co. Inc. acquired a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 3rd quarter valued at $25,000. Finally, Argus Investors Counsel Inc. boosted its holdings in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 4.9% in the 3rd quarter. Argus Investors Counsel Inc. now owns 10,781 shares of the company’s stock valued at $544,000 after purchasing an additional 500 shares during the period.

About BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.