BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Stock Short Interest Rises 226.2%

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 167,095 shares, a growth of 226.2% from the August 31st total of 51,231 shares. Currently, 3.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 79,094 shares, the days-to-cover ratio is presently 2.1 days.

Hedge Funds Weigh In On BondBloxx Bloomberg Two Year Target Duration US Treasury ETF

Several institutional investors have recently bought and sold shares of the business. Global Retirement Partners LLC raised its stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 27.5% in the fourth quarter. Global Retirement Partners LLC now owns 2,466 shares of the company’s stock worth $122,000 after acquiring an additional 532 shares during the last quarter. 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 in the last quarter. Astoria Portfolio Advisors LLC. raised its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 7.1% in the 4th quarter. Astoria Portfolio Advisors LLC. now owns 13,136 shares of the company’s stock worth $652,000 after purchasing an additional 874 shares during the last quarter. Strait & Sound Wealth Management LLC raised its position 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 worth $2,246,000 after purchasing an additional 1,533 shares during the last quarter. Finally, S&A Financial Services Inc. acquired a new position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 1st quarter worth $2,337,000.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA XTWO traded up $0.07 during mid-day trading on Friday, hitting $48.35. 54,500 shares of the stock were exchanged, compared to its average volume of 49,116. The stock’s fifty day simple moving average is $48.70 and its two-hundred day simple moving average is $48.92. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a twelve month low of $48.26 and a twelve month high of $49.69.

About BondBloxx Bloomberg Two Year Target Duration US Treasury ETF

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.