Quadratic Deflation ETF (NYSEARCA:BNDD) Short Interest Update

Quadratic Deflation ETF (NYSEARCA:BNDD) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 49 shares, a drop of 89.7% from the August 31st total of 478 shares. Based on an average daily volume of 1,289 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Quadratic Deflation ETF Stock Down 1.0%

Shares of Quadratic Deflation ETF stock traded down $0.94 on Friday, reaching $96.56. The company’s stock had a trading volume of 789 shares, compared to its average volume of 11,714. The stock has a 50-day moving average price of $96.61 and a 200-day moving average price of $97.92. Quadratic Deflation ETF has a 52-week low of $94.52 and a 52-week high of $102.28.

Quadratic Deflation ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Shareholders of record on Thursday, July 30th were issued a dividend of $0.2910 per share. The ex-dividend date of this dividend was Thursday, July 30th. This is a negative change from Quadratic Deflation ETF’s previous monthly dividend of $0.3022. This represents a $3.49 annualized dividend and a yield of 3.6%.

Institutional Trading of Quadratic Deflation ETF

A hedge fund recently bought a new position in Quadratic Deflation ETF stock. Worth Asset Management LLC purchased a new stake in Quadratic Deflation ETF (NYSEARCA:BNDD) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 2,319 shares of the company’s stock, valued at approximately $235,000. Worth Asset Management LLC owned approximately 0.40% of Quadratic Deflation ETF at the end of the most recent quarter.

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.