BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) Sees Large Growth in Short Interest

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIVGet Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 30,260 shares, a growth of 127.5% from the July 30th total of 13,299 shares. Based on an average daily volume of 93,746 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Global Assets Advisory LLC boosted its stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 2.6% in the 1st quarter. Global Assets Advisory LLC now owns 12,088 shares of the company’s stock worth $594,000 after purchasing an additional 301 shares during the period. Commonwealth Equity Services LLC raised its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 15.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,926 shares of the company’s stock valued at $392,000 after buying an additional 1,062 shares during the last quarter. Elevated Capital Advisors LLC purchased a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the first quarter worth $55,000. Fifth Third Bancorp purchased a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the first quarter worth $59,000. Finally, Comerica Bank bought a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the fourth quarter worth $61,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Down 0.4%

XFIV stock traded down $0.17 during trading on Friday, reaching $48.02. The stock had a trading volume of 28,933 shares, compared to its average volume of 75,476. The stock’s 50 day moving average is $48.30 and its two-hundred day moving average is $48.80. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 52 week low of $47.98 and a 52 week high of $50.19.

About BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

(Get Free Report)

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.

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