Short Interest in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Drops By 50.6%

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 2,454 shares, a decline of 50.6% from the July 30th total of 4,968 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 83,909 shares, the days-to-cover ratio is presently 0.0 days.

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

A number of institutional investors and hedge funds have recently made changes to their positions in XTWY. Mach 1 Financial Group LLC bought a new position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the fourth quarter valued at about $747,000. GatePass Capital LLC bought a new position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the first quarter worth about $1,293,000. DUTCH ASSET Corp bought a new position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the fourth quarter worth about $10,612,000. Bank of America Corp DE boosted its stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 10.6% in the 1st 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 in the last quarter. Finally, Gradient Investments LLC acquired a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 2nd quarter valued at approximately $44,326,000.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Trading Down 0.7%

XTWY traded down $0.25 on Monday, hitting $35.37. 53,466 shares of the stock were exchanged, compared to its average volume of 45,547. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a 12 month low of $34.63 and a 12 month high of $40.52. The business has a 50-day moving average of $36.14 and a two-hundred day moving average of $37.10.

About BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

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.