BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Shares Shorted: Short Interest Up 379.4% in October

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 11,487 shares, a growth of 379.4% from the September 30th total of 2,396 shares. Based on an average daily volume of 55,977 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

Several institutional investors have recently modified their holdings of the business. Gradient Investments LLC bought a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the third quarter worth $34,198,000. Brown Financial Advisors bought a new position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 2nd quarter valued at $3,124,000. Paladin Wealth LLC bought a new position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 2nd quarter valued at $1,845,000. Bank of America Corp DE grew its stake in 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 during the period. Finally, DUTCH ASSET Corp increased its position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 11.1% during the 1st quarter. DUTCH ASSET Corp now owns 311,606 shares of the company’s stock valued at $11,713,000 after purchasing an additional 31,170 shares during the last quarter.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Trading Up 0.8%

NYSEARCA:XTWY opened at $35.21 on Tuesday. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a 52 week low of $32.23 and a 52 week high of $40.46. The firm has a 50-day moving average price of $34.45 and a two-hundred day moving average price of $36.63.

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.