BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Stock Short Interest Declines 88.8%

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the target of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 9,699 shares, a decline of 88.8% from the October 15th total of 86,509 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 40,469 shares, the days-to-cover ratio is currently 0.2 days.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Down 0.2%

Shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF stock traded down $0.09 on Thursday, reaching $48.28. The company’s stock had a trading volume of 223,276 shares, compared to its average volume of 54,382. The stock has a 50-day moving average price of $48.44 and a 200-day moving average price of $48.92. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a 52-week low of $48.17 and a 52-week high of $49.69.

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

Institutional investors have recently made changes to their positions in the company. Arvest Investments Inc. purchased a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 3rd quarter worth approximately $8,541,000. Partners Wealth Management LLC purchased a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the third quarter worth $3,642,000. Lido Advisors LLC purchased a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the third quarter worth $3,322,000. S&A Financial Services Inc. purchased a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the first quarter worth $2,337,000. Finally, North Forty Two & Co. acquired a new stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the third quarter valued at $2,046,000.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Company Profile

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.