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 drop in short interest in the month of April. As of April 30th, there was short interest totaling 11,140 shares, a drop of 49.3% from the April 15th total of 21,967 shares. Based on an average trading volume of 15,199 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the shares of the stock are sold short.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. acquired a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the second quarter worth about $69,000. Jane Street Group LLC acquired a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the 2nd quarter valued at approximately $320,000. Bank of America Corp DE raised its position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 14.5% in the 2nd quarter. Bank of America Corp DE now owns 48,650 shares of the company’s stock valued at $2,410,000 after buying an additional 6,175 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of 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 acquiring an additional 3,867 shares during the period. Finally, Mutual Advisors LLC acquired a new stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 3rd quarter worth approximately $1,236,000.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA:XTWO traded down $0.06 during trading on Friday, reaching $48.93. 16,952 shares of the company traded hands, compared to its average volume of 38,031. The company’s 50 day moving average is $49.19 and its two-hundred day moving average is $49.40. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a 52 week low of $48.92 and a 52 week 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.