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) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 40,562 shares, an increase of 164.8% from the December 31st total of 15,317 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average trading volume of 24,031 shares, the short-interest ratio is currently 1.7 days. Based on an average trading volume of 24,031 shares, the short-interest ratio is currently 1.7 days. Approximately 1.2% of the shares of the stock are short sold.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. bought a new position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the 2nd quarter worth about $69,000. Pineridge Advisors LLC grew its holdings 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 purchasing an additional 1,120 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 3,754.4% in the second quarter. Osaic Holdings Inc. now owns 3,970 shares of the company’s stock worth $197,000 after purchasing an additional 3,867 shares during the last quarter. Tandem Investment Partners LLC bought a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the third quarter worth approximately $243,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the third quarter valued at approximately $252,000.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Performance

NYSEARCA XTWO traded up $0.03 on Thursday, hitting $49.52. The stock had a trading volume of 11,922 shares, compared to its average volume of 21,975. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a 52-week low of $48.94 and a 52-week high of $49.72. The firm has a 50-day moving average of $49.51 and a 200-day moving average of $49.50.

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.