BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Stock Short Interest Drops 99.7%

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) was the recipient of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 37 shares, a drop of 99.7% from the October 15th total of 11,487 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 24,536 shares, the short-interest ratio is currently 0.0 days.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Stock Performance

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF stock traded down $0.62 during trading hours on Thursday, reaching $34.10. 13,401 shares of the company’s stock were exchanged, compared to its average volume of 42,761. The firm’s 50 day simple moving average is $34.36 and its 200 day simple moving average is $36.43. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a twelve month low of $32.23 and a twelve month high of $39.67.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Gradient Investments LLC bought a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the third quarter worth about $34,198,000. Brown Financial Advisors bought a new position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the 2nd quarter valued at approximately $3,124,000. GatePass Capital LLC bought a new position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the 1st quarter valued at approximately $1,293,000. DUTCH ASSET Corp grew its position in shares of 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 valued at $11,713,000 after acquiring an additional 31,170 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of 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.

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.