Strive Total Return Bond ETF (NYSE:STXT) Sees Significant Increase in Short Interest

Strive Total Return Bond ETF (NYSE:STXT) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 2,115 shares, a growth of 422.2% from the October 15th total of 405 shares. Based on an average daily volume of 12,526 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Ethos Financial Group LLC lifted its stake in shares of Strive Total Return Bond ETF by 83.0% in the 1st quarter. Ethos Financial Group LLC now owns 234,508 shares of the company’s stock worth $4,670,000 after purchasing an additional 106,345 shares during the period. McIlrath & Eck LLC raised its position in Strive Total Return Bond ETF by 2.8% in the first quarter. McIlrath & Eck LLC now owns 3,590,574 shares of the company’s stock worth $71,504,000 after acquiring an additional 98,913 shares during the period. Finally, Harbour Investments Inc. purchased a new position in shares of Strive Total Return Bond ETF during the 3rd quarter worth $37,000.

Strive Total Return Bond ETF Trading Up 0.0%

Shares of NYSE:STXT traded up $0.01 during midday trading on Friday, reaching $19.07. 11,862 shares of the company’s stock traded hands, compared to its average volume of 17,213. Strive Total Return Bond ETF has a one year low of $18.91 and a one year high of $20.40. The stock has a 50 day moving average of $19.21 and a 200 day moving average of $19.68.

Strive Total Return Bond ETF Company Profile

The Strive Total Return Bond ETF (STXT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF investing in a wide range of debt securities from issuers around the world, of any credit quality and maturity. The funds objective is to maximize total return. STXT was launched on Aug 10, 2023 and is issued by Alpha Architect.