BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) Sees Significant Increase in Short Interest

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (NYSEARCA:TAXM) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 93,456 shares, an increase of 2,204.1% from the April 15th total of 4,056 shares. Approximately 15.3% of the shares of the stock are sold short. Based on an average trading volume of 9,248 shares, the days-to-cover ratio is presently 10.1 days.

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents Price Performance

Shares of TAXM stock traded up $0.02 on Monday, hitting $50.26. 904 shares of the company’s stock were exchanged, compared to its average volume of 4,740. BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents has a 12 month low of $48.64 and a 12 month high of $51.26. The company has a 50 day moving average of $50.19 and a 200 day moving average of $50.36.

Hedge Funds Weigh In On BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

A number of institutional investors and hedge funds have recently bought and sold shares of TAXM. Jane Street Group LLC acquired a new position in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents in the 1st quarter worth about $1,010,000. Citadel Advisors LLC increased its holdings in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents by 86.8% in the 3rd quarter. Citadel Advisors LLC now owns 9,503 shares of the company’s stock worth $477,000 after purchasing an additional 4,415 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents in the 4th quarter worth about $387,000. Plum Street Advisors LLC acquired a new position in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents in the 4th quarter worth about $306,000. Finally, Tanager Wealth Management LLP acquired a new position in BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents in the 1st quarter worth about $316,000.

About BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

The BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a portfolio of US dollar-denominated municipal securities and taxable fixed income instruments, aiming to provide attractive after-tax income specifically for Massachusetts residents. TAXM was launched on Mar 13, 2025 and is issued by BondBloxx.