Short Interest in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Expands By 344.3%

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 7,313 shares, a growth of 344.3% from the January 29th total of 1,646 shares. Based on an average daily volume of 20,919 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 20,919 shares, the days-to-cover ratio is currently 0.3 days.

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

Several hedge funds have recently made changes to their positions in the company. Maridea Wealth Management LLC raised its holdings in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 6.6% in the fourth quarter. Maridea Wealth Management LLC now owns 30,058 shares of the company’s stock worth $1,137,000 after purchasing an additional 1,851 shares in the last quarter. Reyes Financial Architecture Inc. bought a new position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 4th quarter worth about $81,000. HBW Advisory Services LLC lifted its position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 13.2% during the 4th quarter. HBW Advisory Services LLC now owns 20,451 shares of the company’s stock valued at $774,000 after acquiring an additional 2,380 shares during the period. STAR Financial Bank boosted its stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 2.3% during the fourth quarter. STAR Financial Bank now owns 105,910 shares of the company’s stock worth $4,008,000 after acquiring an additional 2,394 shares in the last quarter. Finally, LPL Financial LLC purchased a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the fourth quarter worth about $328,000.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XTWY traded up $0.25 during midday trading on Friday, hitting $39.67. 4,531 shares of the company traded hands, compared to its average volume of 31,537. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a 12-month low of $36.04 and a 12-month high of $41.70. The stock has a 50-day moving average price of $38.32 and a 200 day moving average price of $38.67.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.1613 per share. This is a positive change from BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%.

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.