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

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 7,343 shares, an increase of 3,192.8% from the June 30th total of 223 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 52,304 shares, the days-to-cover ratio is currently 0.1 days.

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

Institutional investors have recently added to or reduced their stakes in the business. Paladin Wealth LLC acquired a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 2nd quarter valued at $1,845,000. Gradient Investments LLC purchased a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the second quarter worth about $44,326,000. Bank of America Corp DE grew its stake in shares of 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 buying an additional 34,244 shares in the last quarter. DUTCH ASSET Corp raised its holdings 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 buying an additional 31,170 shares during the period. Finally, GatePass Capital LLC purchased a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the 1st quarter valued at about $1,293,000.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Trading Up 0.2%

XTWY stock traded up $0.08 during midday trading on Friday, reaching $35.87. 9,665 shares of the company’s stock traded hands, compared to its average volume of 42,468. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a fifty-two week low of $35.59 and a fifty-two week high of $40.52. The business has a 50-day moving average price of $36.85 and a two-hundred day moving average price of $37.56.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Company Profile

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.