BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Significant Increase in Short Interest

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 37,744 shares, a growth of 103.4% from the May 31st total of 18,561 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 377,259 shares, the days-to-cover ratio is currently 0.1 days.

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

Hedge funds have recently made changes to their positions in the business. Royal Bank of Canada grew its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 43.6% during the 1st quarter. Royal Bank of Canada now owns 19,881 shares of the company’s stock valued at $1,001,000 after purchasing an additional 6,040 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the first quarter worth $413,000. Quantinno Capital Management LP bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the second quarter worth $1,002,000. Ausdal Financial Partners Inc. purchased a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the second quarter valued at about $1,022,000. Finally, Jane Street Group LLC bought a new position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the second quarter valued at about $521,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA XHLF traded up $0.01 during trading hours on Tuesday, reaching $50.30. 149,489 shares of the stock traded hands, compared to its average volume of 439,422. The company’s 50-day simple moving average is $50.25 and its two-hundred day simple moving average is $50.28. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 52-week low of $50.17 and a 52-week high of $50.42.

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.