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

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 2,759 shares, a decline of 54.8% from the May 31st total of 6,101 shares. Based on an average trading volume of 23,785 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE raised its position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 10.6% during 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 during the last quarter. DUTCH ASSET Corp lifted its holdings in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 11.1% during the 1st quarter. DUTCH ASSET Corp now owns 311,606 shares of the company’s stock worth $11,713,000 after buying an additional 31,170 shares during the period. GatePass Capital LLC bought a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 1st quarter valued at about $1,293,000. HBW Advisory Services LLC grew its position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 3.0% in the 1st quarter. HBW Advisory Services LLC now owns 21,059 shares of the company’s stock valued at $792,000 after buying 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.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA XTWY opened at $38.04 on Monday. The firm has a 50 day moving average price of $37.10 and a two-hundred day moving average price 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.

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.