BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Short Interest Up 73.5% in July

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 24,955 shares, a growth of 73.5% from the July 15th total of 14,380 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 129,852 shares, the short-interest ratio is presently 0.2 days.

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

Institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. purchased a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the 2nd quarter valued at $69,000. Global Retirement Partners LLC lifted its holdings in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 27.5% during the 4th quarter. Global Retirement Partners LLC now owns 2,466 shares of the company’s stock valued at $122,000 after acquiring an additional 532 shares in the last quarter. Osaic Holdings Inc. boosted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 3,754.4% during the 2nd quarter. Osaic Holdings Inc. now owns 3,970 shares of the company’s stock worth $197,000 after purchasing an additional 3,867 shares during the period. Allen Capital Group LLC purchased a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 4th quarter worth $229,000. Finally, LPL Financial LLC acquired a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the 4th quarter valued at $234,000.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Up 0.0%

XTWO traded up $0.01 on Monday, reaching $48.88. 12,308 shares of the company’s stock were exchanged, compared to its average volume of 43,711. The company’s 50 day moving average is $48.84 and its 200-day moving average is $49.10. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a twelve month low of $48.59 and a twelve month high of $49.69.

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.