Short Interest in Strive Enhanced Income Short Maturity ETF (NYSE:BUXX) Expands By 1,032.4%
by Danessa Lincoln · The Markets DailyStrive Enhanced Income Short Maturity ETF (NYSE:BUXX – Get Free Report) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 61,535 shares, an increase of 1,032.4% from the May 14th total of 5,434 shares. Based on an average daily volume of 185,255 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s stock are short sold.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of BUXX. Copia Wealth Management raised its holdings in Strive Enhanced Income Short Maturity ETF by 11.7% in the 4th quarter. Copia Wealth Management now owns 398,671 shares of the company’s stock worth $8,069,000 after acquiring an additional 41,660 shares during the period. Farther Finance Advisors LLC raised its holdings in Strive Enhanced Income Short Maturity ETF by 46.7% in the 4th quarter. Farther Finance Advisors LLC now owns 116,998 shares of the company’s stock worth $2,368,000 after acquiring an additional 37,232 shares during the period. Ethos Financial Group LLC raised its holdings in Strive Enhanced Income Short Maturity ETF by 161.6% in the 4th quarter. Ethos Financial Group LLC now owns 42,042 shares of the company’s stock worth $851,000 after acquiring an additional 25,971 shares during the period. Strive Asset Management LLC raised its holdings in Strive Enhanced Income Short Maturity ETF by 16.4% in the 3rd quarter. Strive Asset Management LLC now owns 64,239 shares of the company’s stock worth $1,303,000 after acquiring an additional 9,047 shares during the period. Finally, McIlrath & Eck LLC raised its holdings in Strive Enhanced Income Short Maturity ETF by 0.4% in the 1st quarter. McIlrath & Eck LLC now owns 1,821,941 shares of the company’s stock worth $36,885,000 after acquiring an additional 6,800 shares during the period.
Strive Enhanced Income Short Maturity ETF Stock Performance
Shares of BUXX stock remained flat at $20.23 on Tuesday. 241,614 shares of the company traded hands, compared to its average volume of 365,885. Strive Enhanced Income Short Maturity ETF has a 1-year low of $20.18 and a 1-year high of $20.46. The firm’s fifty day moving average price is $20.24 and its two-hundred day moving average price is $20.27.
About Strive Enhanced Income Short Maturity ETF
The Strive Enhanced Income Short Maturity ETF (BUXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a portfolio of various fixed-income securities of any credit rating from issuers all around the globe. The fund aims for a dollar-weighted average maturity of less than two years BUXX was launched on Aug 10, 2023 and is issued by Alpha Architect.