Short Interest in BondBloxx IR+M Tax-Aware Intermediate Duration ETF (NYSEARCA:TXXI) Increases By 101.5%

BondBloxx IR+M Tax-Aware Intermediate Duration ETF (NYSEARCA:TXXI) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 12,495 shares, an increase of 101.5% from the May 31st total of 6,200 shares. Currently, 2.2% of the company’s stock are short sold. Based on an average trading volume of 4,274 shares, the days-to-cover ratio is presently 2.9 days.

BondBloxx IR+M Tax-Aware Intermediate Duration ETF Trading Down 0.3%

NYSEARCA:TXXI traded down $0.13 during mid-day trading on Wednesday, hitting $50.72. 1,216 shares of the company’s stock were exchanged, compared to its average volume of 4,503. BondBloxx IR+M Tax-Aware Intermediate Duration ETF has a one year low of $48.99 and a one year high of $55.78. The business has a fifty day moving average price of $50.57 and a 200 day moving average price of $50.65.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TXXI. BCGM Wealth Management LLC increased its holdings in shares of BondBloxx IR+M Tax-Aware Intermediate Duration ETF by 11.9% during the first quarter. BCGM Wealth Management LLC now owns 75,493 shares of the company’s stock valued at $3,787,000 after acquiring an additional 8,028 shares in the last quarter. Impact Partnership Wealth LLC purchased a new stake in BondBloxx IR+M Tax-Aware Intermediate Duration ETF during the 1st quarter valued at about $661,000. Balance Wealth LLC increased its stake in BondBloxx IR+M Tax-Aware Intermediate Duration ETF by 52.9% during the 1st quarter. Balance Wealth LLC now owns 14,817 shares of the company’s stock valued at $743,000 after purchasing an additional 5,126 shares in the last quarter. Captrust Financial Advisors purchased a new position in BondBloxx IR+M Tax-Aware Intermediate Duration ETF in the fourth quarter worth about $2,902,000. Finally, Inspire Advisors LLC bought a new position in shares of BondBloxx IR+M Tax-Aware Intermediate Duration ETF in the fourth quarter worth approximately $321,000.

About BondBloxx IR+M Tax-Aware Intermediate Duration ETF

The BondBloxx IR+M Tax-Aware Intermediate Duration ETF (TXXI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a diversified portfolio of US dollar-denominated municipal and taxable fixed income securities, seeking to provide attractive after-tax income while maintaining capital preservation. TXXI was launched on Mar 13, 2025 and is issued by BondBloxx.