BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Sees Large Increase in Short Interest

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 2,807 shares, an increase of 61.0% from the August 31st total of 1,743 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 28,345 shares, the days-to-cover ratio is currently 0.1 days.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Price Performance

NYSEARCA:XTWY opened at $32.95 on Friday. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a 1-year low of $32.58 and a 1-year high of $40.52. The business’s 50-day moving average price is $35.05 and its two-hundred day moving average price is $36.39.

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

A number of large investors have recently made changes to their positions in XTWY. Gradient Investments LLC bought a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the 2nd quarter valued at approximately $44,326,000. Bank of America Corp DE grew its stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 10.6% in the first quarter. Bank of America Corp DE now owns 357,168 shares of the company’s stock valued at $13,426,000 after acquiring an additional 34,244 shares during the period. DUTCH ASSET Corp lifted its position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 11.1% in the 1st quarter. DUTCH ASSET Corp now owns 311,606 shares of the company’s stock valued at $11,713,000 after acquiring an additional 31,170 shares in the last quarter. STAR Financial Bank boosted its holdings in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 2.3% during the 4th quarter. STAR Financial Bank now owns 105,910 shares of the company’s stock worth $4,008,000 after acquiring an additional 2,394 shares during the last quarter. Finally, 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.

About BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

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.