BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Short Interest Down 54.8% in June

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 2,759 shares, a drop of 54.8% from the May 31st total of 6,101 shares. Based on an average daily trading volume, of 23,785 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA:XTWY opened at $38.04 on Monday. The company has a fifty day moving average of $37.10 and a 200-day moving average of $37.78. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a 52-week low of $35.59 and a 52-week high of $40.52.

Institutional Investors Weigh In On BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 10.6% in the 1st quarter. Bank of America Corp DE now owns 357,168 shares of the company’s stock worth $13,426,000 after purchasing an additional 34,244 shares in the last quarter. DUTCH ASSET Corp boosted its stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 11.1% during the first quarter. DUTCH ASSET Corp now owns 311,606 shares of the company’s stock valued at $11,713,000 after purchasing an additional 31,170 shares in the last quarter. GatePass Capital LLC bought a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the first quarter worth about $1,293,000. HBW Advisory Services LLC grew its holdings in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 3.0% during the first quarter. HBW Advisory Services LLC now owns 21,059 shares of the company’s stock worth $792,000 after purchasing an additional 608 shares during the last quarter. Finally, Maridea Wealth Management LLC increased its stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 10.3% in the first quarter. Maridea Wealth Management LLC now owns 33,149 shares of the company’s stock valued at $1,246,000 after buying an additional 3,091 shares during the period.

About BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

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.