Quadratic Deflation ETF (NYSEARCA:BNDD) Short Interest Down 85.9% in July

Quadratic Deflation ETF (NYSEARCA:BNDD) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 3,738 shares, a decline of 85.9% from the June 30th total of 26,489 shares. Based on an average daily volume of 55,971 shares, the short-interest ratio is currently 0.1 days. Currently, 1.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Quadratic Deflation ETF

Several hedge funds and other institutional investors have recently modified their holdings of BNDD. Hilltop Holdings Inc. bought a new stake in shares of Quadratic Deflation ETF during the fourth quarter worth $1,472,000. Worth Asset Management LLC bought a new position in shares of Quadratic Deflation ETF in the second quarter worth about $235,000. Finally, Boyd Watterson Asset Management LLC OH purchased a new position in Quadratic Deflation ETF in the 1st quarter worth about $26,000.

Quadratic Deflation ETF Price Performance

BNDD traded down $0.11 during mid-day trading on Friday, reaching $96.82. 9,327 shares of the company traded hands, compared to its average volume of 14,567. Quadratic Deflation ETF has a 52-week low of $94.64 and a 52-week high of $102.28. The company’s fifty day moving average price is $98.94 and its 200-day moving average price is $98.12.

Quadratic Deflation ETF Company Profile

The Quadratic Deflation ETF (BNDD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US Treasuries and options strategies tied to the shape of the US interest rate swap curve. BNDD was launched on Sep 21, 2021 and is managed by KraneShares.