Short Interest in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Drops By 54.8%

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 2,759 shares, a decrease of 54.8% from the May 31st total of 6,101 shares. Based on an average daily trading volume, of 23,785 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Trading Down 1.2%

Shares of NYSEARCA:XTWY traded down $0.45 during trading on Wednesday, reaching $37.08. 132,774 shares of the company traded hands, compared to its average volume of 43,627. The firm has a fifty day simple moving average of $37.11 and a 200 day simple moving average of $37.77. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a 1-year low of $35.59 and a 1-year high of $40.52.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. HBW Advisory Services LLC lifted its holdings in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 3.0% during the 1st quarter. HBW Advisory Services LLC now owns 21,059 shares of the company’s stock valued at $792,000 after buying an additional 608 shares during the last quarter. Maridea Wealth Management LLC increased 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 buying an additional 1,851 shares during the last quarter. Reyes Financial Architecture Inc. bought a new position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the fourth quarter valued at approximately $81,000. STAR Financial Bank lifted its stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 2.3% in the fourth quarter. STAR Financial Bank now owns 105,910 shares of the company’s stock valued at $4,008,000 after acquiring an additional 2,394 shares during the last quarter. Finally, LPL Financial LLC acquired a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the fourth quarter valued at approximately $328,000.

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.