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:XTWYGet Free Report) saw a large increase in short interest in the month of 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. Based on an average daily volume of 52,304 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. HBW Advisory Services LLC grew its holdings in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 3.0% in the first quarter. HBW Advisory Services LLC now owns 21,059 shares of the company’s stock valued at $792,000 after purchasing an additional 608 shares during the period. Reyes Financial Architecture Inc. purchased a new position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 4th quarter worth $81,000. STAR Financial Bank raised its position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 2.3% in the 4th quarter. STAR Financial Bank now owns 105,910 shares of the company’s stock worth $4,008,000 after buying an additional 2,394 shares during the period. Maridea Wealth Management LLC boosted its holdings in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 10.3% in the first quarter. Maridea Wealth Management LLC now owns 33,149 shares of the company’s stock valued at $1,246,000 after acquiring an additional 3,091 shares during the last quarter. Finally, LPL Financial LLC acquired a new position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the fourth quarter valued at $328,000.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA:XTWY traded up $0.08 during midday trading on Friday, reaching $35.87. The company’s stock had a trading volume of 9,665 shares, compared to its average volume of 42,468. The business has a 50 day moving average price of $36.85 and a 200 day moving average price of $37.56. BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF has a 1 year low of $35.59 and a 1 year high of $40.52.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Company Profile

(Get Free Report)

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.

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