BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Short Interest Update

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 167,095 shares, an increase of 226.2% from the August 31st total of 51,231 shares. Approximately 3.1% of the shares of the stock are short sold. Based on an average daily volume of 79,094 shares, the short-interest ratio is presently 2.1 days.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA:XTWO traded up $0.07 during midday trading on Friday, hitting $48.35. The company had a trading volume of 54,500 shares, compared to its average volume of 49,116. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a twelve month low of $48.26 and a twelve month high of $49.69. The business’s 50-day simple moving average is $48.70 and its 200-day simple moving average is $48.92.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. S&A Financial Services Inc. acquired a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 1st quarter valued at about $2,337,000. Bank of America Corp DE increased its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 12.6% during the first quarter. Bank of America Corp DE now owns 76,857 shares of the company’s stock worth $3,789,000 after purchasing an additional 8,576 shares during the last quarter. Strait & Sound Wealth Management LLC raised its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 3.5% during the first quarter. Strait & Sound Wealth Management LLC now owns 45,557 shares of the company’s stock worth $2,246,000 after purchasing an additional 1,533 shares during the period. Janney Montgomery Scott LLC raised its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 13.7% during the first quarter. Janney Montgomery Scott LLC now owns 12,476 shares of the company’s stock worth $615,000 after purchasing an additional 1,499 shares during the period. Finally, Astoria Portfolio Advisors LLC. boosted its holdings in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 7.1% in the 4th quarter. Astoria Portfolio Advisors LLC. now owns 13,136 shares of the company’s stock valued at $652,000 after purchasing an additional 874 shares during the last quarter.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Company Profile

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