Short Interest in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Declines By 65.8%

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 18,561 shares, a drop of 65.8% from the May 14th total of 54,256 shares. Based on an average daily volume of 359,803 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

NYSEARCA XHLF traded up $0.02 during mid-day trading on Friday, hitting $50.23. The company’s stock had a trading volume of 185,954 shares, compared to its average volume of 446,067. The company’s 50 day simple moving average is $50.25 and its 200 day simple moving average is $50.28. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a twelve month low of $50.17 and a twelve month high of $50.42.

Institutional Trading of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Several hedge funds have recently bought and sold shares of XHLF. IFP Advisors Inc grew its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 600.0% in the 3rd quarter. IFP Advisors Inc now owns 700 shares of the company’s stock valued at $35,000 after purchasing an additional 600 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,779.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 921 shares of the company’s stock worth $46,000 after acquiring an additional 872 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 4th quarter worth $55,000. Vermillion & White Wealth Management Group LLC purchased a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 3rd quarter worth $65,000. Finally, Nemes Rush Group LLC boosted its holdings 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 worth $70,000 after acquiring an additional 397 shares during the last quarter.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

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.