BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Short Interest Update

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 40,562 shares, a growth of 164.8% from the December 31st total of 15,317 shares. Currently, 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 24,031 shares, the short-interest ratio is presently 1.7 days. Based on an average daily trading volume, of 24,031 shares, the short-interest ratio is presently 1.7 days. Currently, 1.2% of the shares of the stock are short sold.

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

A number of hedge funds and other institutional investors have recently modified their holdings of XTWO. JPMorgan Chase & Co. purchased a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 2nd quarter valued at about $69,000. Pineridge Advisors LLC grew its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 175.5% during the third quarter. Pineridge Advisors LLC now owns 1,758 shares of the company’s stock valued at $87,000 after acquiring an additional 1,120 shares during the last quarter. Osaic Holdings Inc. grew its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 3,754.4% during the second quarter. Osaic Holdings Inc. now owns 3,970 shares of the company’s stock valued at $197,000 after acquiring an additional 3,867 shares during the last quarter. Tandem Investment Partners LLC purchased a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the third quarter worth approximately $243,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the 3rd quarter worth approximately $252,000.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA XTWO traded up $0.03 during mid-day trading on Thursday, reaching $49.52. 11,922 shares of the company were exchanged, compared to its average volume of 21,975. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a 52 week low of $48.94 and a 52 week high of $49.72. The company’s 50 day moving average price is $49.51 and its 200 day moving average price is $49.50.

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.