BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Sees Large Drop in Short Interest

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXXGet Free Report) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,680 shares, a decrease of 46.0% from the August 15th total of 6,820 shares. Based on an average daily trading volume, of 13,382 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Benchmark Financial LLC bought a new position in BondBloxx IR+M Tax-Aware Short Duration ETF in the first quarter valued at approximately $392,000. Impact Partnership Wealth LLC acquired a new stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the 1st quarter valued at approximately $446,000. Bridgewater Advisors Inc. acquired a new stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the 1st quarter valued at approximately $497,000. Laurel Oak Wealth Management LLC acquired a new stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the 1st quarter valued at approximately $503,000. Finally, Patriot Financial Group Insurance Agency LLC bought a new position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF in the first quarter valued at $723,000.

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

Shares of NYSEARCA TAXX remained flat at $50.19 during mid-day trading on Tuesday. The stock had a trading volume of 21,482 shares, compared to its average volume of 38,777. The company has a 50 day moving average price of $50.48 and a 200-day moving average price of $50.59. BondBloxx IR+M Tax-Aware Short Duration ETF has a 12 month low of $50.16 and a 12 month high of $51.13.

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

(Get Free Report)

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.

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