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 drop in short interest in the month of April. As of April 30th, there was short interest totaling 11,140 shares, a drop of 49.3% from the April 15th total of 21,967 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 15,199 shares, the short-interest ratio is presently 0.7 days.

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 the business. Thrivent Financial for Lutherans bought a new position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the fourth quarter worth about $12,150,000. Lido Advisors LLC bought a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the 3rd quarter valued at about $2,997,000. Nemes Rush Group LLC grew its position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 28.7% during the 4th quarter. Nemes Rush Group LLC now owns 236,718 shares of the company’s stock worth $11,710,000 after purchasing an additional 52,739 shares in the last quarter. Orion Porfolio Solutions LLC acquired a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 3rd quarter worth approximately $2,316,000. Finally, Legacy CG LLC grew its position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 17.4% during the 4th quarter. Legacy CG LLC now owns 219,701 shares of the company’s stock worth $10,869,000 after purchasing an additional 32,513 shares in the last quarter.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Stock Performance

NYSEARCA:XTWO traded down $0.06 during mid-day trading on Friday, hitting $48.93. 16,952 shares of the stock were exchanged, compared to its average volume of 38,031. The firm’s 50-day simple moving average is $49.19 and its 200 day simple moving average is $49.40. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a fifty-two week low of $48.92 and a fifty-two week high of $49.69.

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.