BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Shares Shorted: Short Interest Up 61.0% in September

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) was the recipient of 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. Based on an average trading volume of 28,345 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Gradient Investments LLC acquired a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the second quarter valued at $44,326,000. DUTCH ASSET Corp purchased a new position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the fourth quarter valued at approximately $10,612,000. Brown Financial Advisors purchased a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the second quarter worth approximately $3,124,000. Paladin Wealth LLC purchased a new position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 2nd quarter valued at $1,845,000. Finally, GatePass Capital LLC purchased a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the first quarter worth $1,293,000.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XTWY traded down $0.32 during mid-day trading on Wednesday, hitting $32.92. The stock had a trading volume of 21,161 shares, compared to its average volume of 43,374. The company has a 50 day moving average of $35.17 and a two-hundred day moving average of $36.46. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a twelve month low of $32.90 and a twelve month high of $40.52.

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.