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 significant increase in short interest in August. As of August 31st, there was short interest totaling 51,231 shares, an increase of 56.5% from the August 15th total of 32,741 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average trading volume of 87,845 shares, the short-interest ratio is presently 0.6 days.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Price Performance

XTWO stock traded up $0.04 during mid-day trading on Thursday, reaching $48.42. The company had a trading volume of 9,374 shares, compared to its average volume of 48,295. The firm has a fifty day simple moving average of $48.77 and a 200 day simple moving average of $48.97. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a fifty-two week low of $48.37 and a fifty-two week high of $49.69.

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

Institutional investors have recently modified their holdings of the company. Nemes Rush Group LLC raised its position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 28.7% during the 4th quarter. Nemes Rush Group LLC now owns 236,718 shares of the company’s stock worth $11,710,000 after acquiring an additional 52,739 shares in the last quarter. STAR Financial Bank boosted its position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 14.3% in the 4th quarter. STAR Financial Bank now owns 209,690 shares of the company’s stock valued at $10,373,000 after purchasing an additional 26,178 shares during the period. Bank of America Corp DE grew its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 12.6% during the 1st quarter. Bank of America Corp DE now owns 76,857 shares of the company’s stock worth $3,789,000 after buying an additional 8,576 shares during the last quarter. Lido Advisors LLC lifted its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 18.7% in the fourth quarter. Lido Advisors LLC now owns 71,761 shares of the company’s stock valued at $3,550,000 after buying an additional 11,293 shares during the last quarter. Finally, S&A Financial Services Inc. acquired a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the 1st quarter valued at $2,337,000.

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.