BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Stock Short Interest Drops 91.8%

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 13,728 shares, a decline of 91.8% from the September 15th total of 167,095 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 77,737 shares, the short-interest ratio is currently 0.2 days.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Down 0.0%

Shares of XTWO stock traded down $0.01 during trading hours on Friday, reaching $48.33. 63,137 shares of the company’s stock were exchanged, compared to its average volume of 53,589. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a fifty-two week low of $48.17 and a fifty-two week high of $49.69. The business has a fifty day moving average price of $48.60 and a 200-day moving average price of $48.85.

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

Hedge funds have recently bought and sold shares of the stock. Elm3 Financial Group LLC acquired a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the third quarter valued at approximately $296,000. S&A Financial Services Inc. bought a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 1st quarter worth approximately $2,337,000. Bank of America Corp DE boosted its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 12.6% in the 1st quarter. Bank of America Corp DE now owns 76,857 shares of the company’s stock valued at $3,789,000 after buying an additional 8,576 shares in the last quarter. Strait & Sound Wealth Management LLC boosted its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 3.5% in the 1st quarter. Strait & Sound Wealth Management LLC now owns 45,557 shares of the company’s stock valued at $2,246,000 after buying an additional 1,533 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 13.7% in the first quarter. Janney Montgomery Scott LLC now owns 12,476 shares of the company’s stock valued at $615,000 after acquiring an additional 1,499 shares during the period.

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.