Short Interest in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Declines By 41.3%

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 15,531 shares, a decrease of 41.3% from the June 15th total of 26,480 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 22,093 shares, the days-to-cover ratio is presently 0.7 days.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Price Performance

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF stock remained flat at $48.87 during mid-day trading on Friday. 27,261 shares of the company’s stock traded hands, compared to its average volume of 40,104. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a one year low of $48.59 and a one year high of $49.69. The business has a 50-day moving average of $48.90 and a two-hundred day moving average of $49.20.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. S&A Financial Services Inc. purchased a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the 1st quarter valued at $2,337,000. Bank of America Corp DE raised its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 12.6% during the 1st quarter. Bank of America Corp DE now owns 76,857 shares of the company’s stock worth $3,789,000 after acquiring an additional 8,576 shares in the last quarter. Strait & Sound Wealth Management LLC lifted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 3.5% in the first quarter. Strait & Sound Wealth Management LLC now owns 45,557 shares of the company’s stock valued at $2,246,000 after acquiring an additional 1,533 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 13.7% in the first quarter. Janney Montgomery Scott LLC now owns 12,476 shares of the company’s stock valued at $615,000 after acquiring an additional 1,499 shares during the last quarter. Finally, Astoria Portfolio Advisors LLC. boosted its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 7.1% in the fourth quarter. Astoria Portfolio Advisors LLC. now owns 13,136 shares of the company’s stock valued at $652,000 after acquiring an additional 874 shares in the last quarter.

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.