BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Sees Large Growth in Short Interest

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 7,313 shares, a growth of 344.3% from the January 29th total of 1,646 shares. Based on an average trading volume of 20,919 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 20,919 shares, the days-to-cover ratio is presently 0.3 days.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Stock Performance

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF stock opened at $39.21 on Thursday. The company’s 50-day moving average is $38.27 and its 200-day moving average is $38.65. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a fifty-two week low of $36.04 and a fifty-two week high of $41.70.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1613 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.9%. This is an increase from BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF’s previous monthly dividend of $0.11.

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

Hedge funds have recently added to or reduced their stakes in the business. STAR Financial Bank increased its holdings in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 2.3% in the fourth quarter. STAR Financial Bank now owns 105,910 shares of the company’s stock valued at $4,008,000 after purchasing an additional 2,394 shares during the last quarter. Advyzon Investment Management LLC bought a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the fourth quarter worth approximately $4,606,000. Ausdal Financial Partners Inc. bought a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the fourth quarter worth approximately $4,227,000. Jane Street Group LLC acquired a new position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the fourth quarter valued at approximately $908,000. Finally, LPL Financial LLC bought a new position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the fourth quarter worth approximately $328,000.

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.