BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Sees Significant Growth in Short Interest

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 15,317 shares, an increase of 44.5% from the December 15th total of 10,602 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,390 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 13,390 shares, the short-interest ratio is currently 1.1 days. Currently, 0.5% 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 made changes to their positions in the business. Cetera Investment Advisers grew its holdings in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 11.0% during the second quarter. Cetera Investment Advisers now owns 113,386 shares of the company’s stock worth $5,618,000 after buying an additional 11,256 shares in the last quarter. Nemes Rush Group LLC increased its holdings in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 42.2% during the 2nd quarter. Nemes Rush Group LLC now owns 134,010 shares of the company’s stock worth $6,639,000 after purchasing an additional 39,744 shares during the last quarter. World Investment Advisors raised its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 14.6% during the second quarter. World Investment Advisors now owns 15,366 shares of the company’s stock valued at $761,000 after buying an additional 1,953 shares in the last quarter. Strait & Sound Wealth Management LLC raised its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 27.0% during the second quarter. Strait & Sound Wealth Management LLC now owns 38,656 shares of the company’s stock worth $1,915,000 after acquiring an additional 8,223 shares during the period. Finally, Pineridge Advisors LLC grew its position in shares of 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 worth $87,000 after acquiring an additional 1,120 shares during the last quarter.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Trading Down 0.0%

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF stock traded down $0.02 during mid-day trading on Friday, reaching $49.44. The company had a trading volume of 10,146 shares, compared to its average volume of 22,722. The stock’s 50-day simple moving average is $49.51 and its 200-day simple moving average is $49.49. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a 1 year low of $48.94 and a 1 year high of $49.72.

About BondBloxx Bloomberg Two Year Target Duration US Treasury ETF

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.