BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Short Interest Down 42.6% in December

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 10,602 shares, a decline of 42.6% from the November 30th total of 18,476 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 41,990 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 41,990 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Lido Advisors LLC bought a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the third quarter worth about $2,997,000. Focus Partners Wealth lifted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 0.6% during the 3rd quarter. Focus Partners Wealth now owns 306,032 shares of the company’s stock valued at $15,168,000 after purchasing an additional 1,940 shares during the period. Citadel Advisors LLC lifted its holdings in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 158.5% in the third quarter. Citadel Advisors LLC now owns 19,475 shares of the company’s stock valued at $965,000 after buying an additional 11,942 shares during the period. Bank of America Corp DE lifted its stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 18.3% in the 3rd quarter. Bank of America Corp DE now owns 57,536 shares of the company’s stock valued at $2,852,000 after purchasing an additional 8,886 shares during the period. Finally, Nemes Rush Group LLC lifted its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 37.3% in the third quarter. Nemes Rush Group LLC now owns 183,979 shares of the company’s stock valued at $9,119,000 after buying an additional 49,969 shares during the period.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Up 0.1%

Shares of XTWO traded up $0.04 during trading hours on Friday, hitting $49.60. The stock had a trading volume of 5,586 shares, compared to its average volume of 21,573. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a 52 week low of $48.94 and a 52 week high of $49.72. The company’s fifty day moving average is $49.54 and its two-hundred day moving average is $49.48.

About BondBloxx Bloomberg Two Year Target Duration US Treasury ETF

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.