BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Short Interest Update

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the recipient of a large growth in short interest in 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. Currently, 1.2% of the company’s stock are sold short. Based on an average daily volume of 87,845 shares, the short-interest ratio is currently 0.6 days.

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

A number of institutional investors and hedge funds have recently bought and sold shares of XTWO. Nemes Rush Group LLC boosted its holdings in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 28.7% during the 4th quarter. Nemes Rush Group LLC now owns 236,718 shares of the company’s stock worth $11,710,000 after acquiring an additional 52,739 shares during the last quarter. STAR Financial Bank raised its holdings in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 14.3% in the fourth quarter. STAR Financial Bank now owns 209,690 shares of the company’s stock valued at $10,373,000 after purchasing an additional 26,178 shares during the last quarter. Bank of America Corp DE lifted its position in shares of 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 valued at $3,789,000 after purchasing an additional 8,576 shares in the last quarter. Lido Advisors LLC lifted its position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 18.7% during the fourth quarter. Lido Advisors LLC now owns 71,761 shares of the company’s stock valued at $3,550,000 after purchasing an additional 11,293 shares in the last quarter. Finally, S&A Financial Services Inc. purchased a new position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the first quarter worth about $2,337,000.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Performance

XTWO stock opened at $48.38 on Friday. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a twelve month low of $48.37 and a twelve month high of $49.69. The stock’s 50 day moving average is $48.75 and its 200-day moving average is $48.96.

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.