Short Interest in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Drops By 41.3%

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 15,531 shares, a drop of 41.3% from the June 15th total of 26,480 shares. Based on an average daily volume of 22,093 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the company’s shares are short sold.

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

A number of institutional investors have recently modified their holdings of XTWO. JPMorgan Chase & Co. purchased a new stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the 2nd quarter valued at $69,000. Global Retirement Partners LLC grew its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 27.5% in 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. grew its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 3,754.4% in the 2nd 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 in the last quarter. Allen Capital Group LLC purchased a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the fourth quarter worth about $229,000. Finally, LPL Financial LLC purchased a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the fourth quarter worth about $234,000.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XTWO opened at $48.87 on Friday. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a 52-week low of $48.59 and a 52-week high of $49.69. The business’s 50 day moving average is $48.90 and its two-hundred day moving average is $49.20.

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.