BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Shares Shorted: Short Interest Down 91.8% in September

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 13,728 shares, a decline of 91.8% from the September 15th total of 167,095 shares. Based on an average daily trading volume, of 77,737 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA XTWO traded down $0.01 during mid-day trading on Friday, reaching $48.33. 63,137 shares of the company traded hands, compared to its average volume of 53,589. The company’s fifty day moving average is $48.60 and its two-hundred day moving average is $48.85. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a fifty-two week low of $48.17 and a fifty-two week high of $49.69.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Elm3 Financial Group LLC bought a new stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 3rd quarter worth $296,000. Janney Montgomery Scott LLC raised its holdings in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 13.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 12,476 shares of the company’s stock worth $615,000 after acquiring an additional 1,499 shares during the period. Astoria Portfolio Advisors LLC. lifted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 7.1% during the 4th quarter. Astoria Portfolio Advisors LLC. now owns 13,136 shares of the company’s stock worth $652,000 after acquiring an additional 874 shares during the last quarter. Strait & Sound Wealth Management LLC lifted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 3.5% during the 1st quarter. Strait & Sound Wealth Management LLC now owns 45,557 shares of the company’s stock worth $2,246,000 after acquiring an additional 1,533 shares during the last quarter. Finally, S&A Financial Services Inc. bought a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the first quarter valued at about $2,337,000.

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.