BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) Short Interest Update

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 19,271 shares, a decline of 88.9% from the July 15th total of 173,760 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 64,589 shares, the short-interest ratio is presently 0.3 days.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA XSVN traded up $0.10 during mid-day trading on Wednesday, hitting $46.53. 2,710 shares of the stock were exchanged, compared to its average volume of 57,144. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF has a twelve month low of $46.36 and a twelve month high of $48.98. The stock’s fifty day simple moving average is $46.87 and its two-hundred day simple moving average is $47.44.

Hedge Funds Weigh In On BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF

Several institutional investors have recently bought and sold shares of XSVN. Raymond James Financial Inc. acquired a new position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF in the second quarter worth $29,000. EP Wealth Advisors LLC bought a new position in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF in the fourth quarter valued at about $215,000. Cetera Investment Advisers bought a new position in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF in the second quarter valued at about $227,000. RDA Financial Network lifted its position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 5.7% during the 2nd quarter. RDA Financial Network now owns 4,988 shares of the company’s stock worth $236,000 after buying an additional 268 shares in the last quarter. Finally, Goldman Sachs Group Inc. acquired a new position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the 1st quarter worth about $375,000.

About BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF

The Bondbloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) 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 seven years. XSVN was launched on Sep 13, 2022 and is managed by BondBloxx.