Short Interest in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Increases By 401.9%

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 41,951 shares, an increase of 401.9% from the February 26th total of 8,358 shares. Based on an average daily trading volume, of 62,685 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.8% of the company’s stock are sold short.

Institutional Trading of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Reyes Financial Architecture Inc. bought a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the fourth quarter valued at about $81,000. LPL Financial LLC acquired a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 4th quarter valued at approximately $328,000. HBW Advisory Services LLC acquired a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 3rd quarter valued at approximately $706,000. Mach 1 Financial Group LLC bought a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 4th quarter valued at approximately $747,000. Finally, Jane Street Group LLC bought a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 4th quarter valued at approximately $908,000.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Stock Down 0.9%

Shares of XTWY stock traded down $0.35 during trading hours on Thursday, hitting $37.32. 8,736 shares of the company were exchanged, compared to its average volume of 34,343. The business has a 50 day moving average of $38.32 and a two-hundred day moving average of $38.73. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a 52 week low of $36.04 and a 52 week high of $41.70.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.1382 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Company Profile

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