BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Shares Shorted: Short Interest Up 379.4% in October

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 11,487 shares, a growth of 379.4% from the September 30th total of 2,396 shares. Based on an average daily trading volume, of 55,977 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

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

Large investors have recently modified their holdings of the stock. Gradient Investments LLC bought a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 3rd quarter worth approximately $34,198,000. Brown Financial Advisors purchased a new position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the second quarter valued at approximately $3,124,000. Paladin Wealth LLC bought a new position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the second quarter valued at $1,845,000. Bank of America Corp DE grew its holdings in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 10.6% during the first quarter. Bank of America Corp DE now owns 357,168 shares of the company’s stock valued at $13,426,000 after purchasing an additional 34,244 shares during the period. Finally, DUTCH ASSET Corp grew its holdings in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 11.1% during the first quarter. DUTCH ASSET Corp now owns 311,606 shares of the company’s stock valued at $11,713,000 after purchasing an additional 31,170 shares during the period.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Stock Up 0.8%

Shares of XTWY stock opened at $35.21 on Tuesday. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a 52 week low of $32.23 and a 52 week high of $40.46. The firm’s 50-day simple moving average is $34.45 and its two-hundred day simple moving average is $36.63.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Company Profile

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.