BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Short Interest Up 146.2% in August

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 70,400 shares, an increase of 146.2% from the August 15th total of 28,600 shares. Currently, 2.7% of the company’s stock are sold short. Based on an average trading volume of 17,400 shares, the short-interest ratio is presently 4.0 days. Based on an average trading volume of 17,400 shares, the short-interest ratio is presently 4.0 days. Currently, 2.7% of the company’s stock are sold short.

Hedge Funds Weigh In On BondBloxx Bloomberg Two Year Target Duration US Treasury ETF

Several institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. increased its stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 3,754.4% in the 2nd quarter. Osaic Holdings Inc. now owns 3,970 shares of the company’s stock worth $197,000 after purchasing an additional 3,867 shares in the last quarter. Coppell Advisory Solutions LLC boosted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 42.7% during the 2nd quarter. Coppell Advisory Solutions LLC now owns 26,491 shares of the company’s stock worth $1,311,000 after acquiring an additional 7,924 shares during the period. Bank of America Corp DE boosted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 14.5% during the 2nd quarter. Bank of America Corp DE now owns 48,650 shares of the company’s stock worth $2,410,000 after acquiring an additional 6,175 shares during the period. Jane Street Group LLC acquired a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 2nd quarter worth about $320,000. Finally, Nemes Rush Group LLC boosted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 42.2% during the 2nd quarter. Nemes Rush Group LLC now owns 134,010 shares of the company’s stock worth $6,639,000 after acquiring an additional 39,744 shares during the period.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Price Performance

XTWO stock traded up $0.02 during mid-day trading on Monday, hitting $49.58. 1,250 shares of the company were exchanged, compared to its average volume of 22,642. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a twelve month low of $48.94 and a twelve month high of $49.96. The firm has a fifty day simple moving average of $49.42 and a 200 day simple moving average of $49.38.

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.