BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Sees Significant Growth in Short Interest

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 51,231 shares, a growth of 56.5% from the August 15th total of 32,741 shares. Based on an average daily volume of 87,845 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.2% of the company’s shares are short sold.

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

A number of institutional investors have recently bought and sold shares of XTWO. Nemes Rush Group LLC raised its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 28.7% during the fourth quarter. Nemes Rush Group LLC now owns 236,718 shares of the company’s stock worth $11,710,000 after purchasing an additional 52,739 shares during the period. STAR Financial Bank grew 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 valued at $10,373,000 after acquiring an additional 26,178 shares during the period. Bank of America Corp DE increased its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 12.6% during the first quarter. Bank of America Corp DE now owns 76,857 shares of the company’s stock worth $3,789,000 after acquiring an additional 8,576 shares during the last quarter. Lido Advisors LLC raised its holdings in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 18.7% in the 4th quarter. Lido Advisors LLC now owns 71,761 shares of the company’s stock worth $3,550,000 after purchasing an additional 11,293 shares during the period. Finally, S&A Financial Services Inc. purchased a new stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 1st quarter worth about $2,337,000.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Trading Up 0.1%

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF stock opened at $48.44 on Friday. The stock has a fifty day moving average price of $48.76 and a 200 day moving average price of $48.96. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a 52 week low of $48.37 and a 52 week high of $49.69.

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.