BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Stock Short Interest Drops 64.6%

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 5,814 shares, a decrease of 64.6% from the September 30th total of 16,425 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 156,823 shares, the days-to-cover ratio is presently 0.0 days.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Up 0.3%

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF stock traded up $0.16 during trading hours on Friday, hitting $47.55. The stock had a trading volume of 44,005 shares, compared to its average volume of 74,223. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 12-month low of $46.44 and a 12-month high of $50.19. The stock’s 50-day moving average price is $47.23 and its 200-day moving average price is $48.48.

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

A number of hedge funds have recently made changes to their positions in XFIV. Global Assets Advisory LLC lifted its position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 2.6% in the first quarter. Global Assets Advisory LLC now owns 12,088 shares of the company’s stock worth $594,000 after buying an additional 301 shares during the last quarter. Elevated Capital Advisors LLC bought a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the first quarter valued at about $55,000. Fifth Third Bancorp acquired a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the first quarter worth $59,000. Centaurus Financial Inc. purchased a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the first quarter worth about $103,000. Finally, Capital Wealth Management LLC purchased a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the second quarter worth $222,000.

About BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

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