BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Short Interest Update

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 15,317 shares, an increase of 44.5% from the December 15th total of 10,602 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 13,390 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 13,390 shares, the short-interest ratio is currently 1.1 days. Approximately 0.5% of the company’s shares are sold short.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Trading Down 0.0%

XTWO stock traded down $0.02 during trading on Friday, hitting $49.44. 10,146 shares of the company traded hands, compared to its average volume of 22,722. The company has a 50-day moving average of $49.51 and a 200-day moving average of $49.49. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a 1 year low of $48.94 and a 1 year high of $49.72.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in XTWO. Cetera Investment Advisers raised its holdings in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 11.0% during the 2nd quarter. Cetera Investment Advisers now owns 113,386 shares of the company’s stock valued at $5,618,000 after buying an additional 11,256 shares during the last quarter. Nemes Rush Group LLC grew its holdings in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 42.2% in 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 last quarter. World Investment Advisors increased its position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 14.6% in the second quarter. World Investment Advisors now owns 15,366 shares of the company’s stock valued at $761,000 after acquiring an additional 1,953 shares during the period. Strait & Sound Wealth Management LLC raised its stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 27.0% during the second quarter. Strait & Sound Wealth Management LLC now owns 38,656 shares of the company’s stock valued at $1,915,000 after acquiring an additional 8,223 shares during the last quarter. Finally, Holcombe Financial Inc. raised its stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 10.1% during the third quarter. Holcombe Financial Inc. now owns 6,540 shares of the company’s stock valued at $324,000 after acquiring an additional 602 shares during the last quarter.

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.