BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Short Interest Down 41.3% in June

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 15,531 shares, a drop of 41.3% from the June 15th total of 26,480 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 22,093 shares, the days-to-cover ratio is currently 0.7 days.

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

A number of hedge funds and other institutional investors have recently modified their holdings of XTWO. JPMorgan Chase & Co. bought a new position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the second quarter valued at approximately $69,000. Jane Street Group LLC bought a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the second quarter valued at $320,000. Bank of America Corp DE increased its holdings in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 14.5% during the second quarter. Bank of America Corp DE now owns 48,650 shares of the company’s stock worth $2,410,000 after buying an additional 6,175 shares during the last quarter. Osaic Holdings Inc. raised its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 3,754.4% during the second quarter. Osaic Holdings Inc. now owns 3,970 shares of the company’s stock worth $197,000 after acquiring an additional 3,867 shares in the last quarter. Finally, Citadel Advisors LLC lifted its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 158.5% in the third quarter. Citadel Advisors LLC now owns 19,475 shares of the company’s stock valued at $965,000 after acquiring an additional 11,942 shares during the last quarter.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Performance

Shares of XTWO stock traded up $0.01 during trading on Thursday, reaching $48.87. The company’s stock had a trading volume of 19,117 shares, compared to its average volume of 35,337. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a one year low of $48.59 and a one year high of $49.69. The business has a fifty day moving average price of $48.91 and a 200-day moving average price of $49.21.

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.