Short Interest in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Declines By 49.3%

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 11,140 shares, a drop of 49.3% from the April 15th total of 21,967 shares. Based on an average trading volume of 15,199 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its holdings in shares of 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 purchasing an additional 1,499 shares during the period. Astoria Portfolio Advisors LLC. boosted its stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 7.1% in the fourth quarter. Astoria Portfolio Advisors LLC. now owns 13,136 shares of the company’s stock valued at $652,000 after buying an additional 874 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 15.7% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 9,312 shares of the company’s stock worth $462,000 after purchasing an additional 1,263 shares in the last quarter. Teucrium Investment Advisors LLC purchased a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the fourth quarter worth $792,000. Finally, STAR Financial Bank boosted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 14.3% during the fourth quarter. STAR Financial Bank now owns 209,690 shares of the company’s stock worth $10,373,000 after purchasing an additional 26,178 shares in the last quarter.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XTWO opened at $48.93 on Monday. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a fifty-two week low of $48.92 and a fifty-two week high of $49.69. The stock’s 50-day simple moving average is $49.19 and its 200-day simple moving average is $49.40.

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.