BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Shares Shorted: Short Interest Down 99.7% in October

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) saw a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 37 shares, a drop of 99.7% from the October 15th total of 11,487 shares. Based on an average trading volume of 24,536 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

Several institutional investors and hedge funds have recently bought and sold shares of XTWY. Gradient Investments LLC bought a new position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 2nd quarter valued at $44,326,000. Bank of America Corp DE grew its position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 10.6% during the 1st quarter. Bank of America Corp DE now owns 357,168 shares of the company’s stock valued at $13,426,000 after purchasing an additional 34,244 shares in the last quarter. DUTCH ASSET Corp grew its position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 11.1% during the 1st quarter. DUTCH ASSET Corp now owns 311,606 shares of the company’s stock valued at $11,713,000 after purchasing an additional 31,170 shares in the last quarter. Brown Financial Advisors bought a new position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the second quarter worth $3,124,000. Finally, Paladin Wealth LLC bought a new position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the second quarter worth $1,845,000.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Price Performance

NYSEARCA:XTWY traded down $0.56 during mid-day trading on Tuesday, hitting $34.70. 22,340 shares of the stock traded hands, compared to its average volume of 43,006. The business’s 50-day moving average price is $34.37 and its 200 day moving average price is $36.45. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a 12-month low of $32.23 and a 12-month high of $39.67.

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.