BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Short Interest Update

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 44,680 shares, a growth of 358.1% from the June 15th total of 9,754 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 165,204 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF in the 2nd quarter worth approximately $32,000. JPMorgan Chase & Co. purchased a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the 3rd quarter valued at approximately $174,000. Indivisible Partners purchased a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF during the 4th quarter valued at approximately $245,000. Guild Investment Management Inc. lifted its stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 37.5% in the 4th quarter. Guild Investment Management Inc. now owns 5,500 shares of the company’s stock valued at $280,000 after purchasing an additional 1,500 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 37.4% in the 4th quarter. Farther Finance Advisors LLC now owns 5,515 shares of the company’s stock valued at $280,000 after purchasing an additional 1,500 shares during the period.

BondBloxx IR+M Tax-Aware Short Duration ETF Stock Performance

Shares of TAXX stock traded down $0.04 on Monday, hitting $50.56. The company had a trading volume of 31,895 shares, compared to its average volume of 44,914. BondBloxx IR+M Tax-Aware Short Duration ETF has a twelve month low of $50.35 and a twelve month high of $51.13. The company has a 50-day moving average price of $50.64 and a 200-day moving average price of $50.72.

BondBloxx IR+M Tax-Aware Short Duration ETF Company Profile

The BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking attractive after-tax income while preserving capital through investments in USD-denominated municipal and taxable short-duration fixed income securities. TAXX was launched on Mar 14, 2024 and is issued by BondBloxx.