Short Interest in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) Increases By 42.5%

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 39,900 shares, a growth of 42.5% from the September 30th total of 28,000 shares. Based on an average daily volume of 19,400 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.3% of the shares of the company are sold short. Approximately 1.3% of the shares of the company are sold short. Based on an average daily volume of 19,400 shares, the days-to-cover ratio is currently 2.1 days.

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

Shares of XTWO stock opened at $49.44 on Wednesday. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a twelve month low of $48.94 and a twelve month high of $49.72. The business’s 50 day moving average is $49.56 and its two-hundred day moving average is $49.43.

Institutional Trading of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF

Hedge funds have recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 1.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 17,972 shares of the company’s stock valued at $889,000 after purchasing an additional 263 shares in the last quarter. Crew Capital Management Ltd. increased its holdings in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 2.8% in the 1st quarter. Crew Capital Management Ltd. now owns 10,906 shares of the company’s stock valued at $540,000 after purchasing an additional 294 shares in the last quarter. World Investment Advisors increased its holdings in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 2.5% in the 1st quarter. World Investment Advisors now owns 13,413 shares of the company’s stock valued at $664,000 after purchasing an additional 324 shares in the last quarter. Holcombe Financial Inc. increased its holdings in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 10.1% in the 3rd quarter. Holcombe Financial Inc. now owns 6,540 shares of the company’s stock valued at $324,000 after purchasing an additional 602 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 7.4% in the 3rd quarter. CWM LLC now owns 9,405 shares of the company’s stock valued at $466,000 after purchasing an additional 651 shares in 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.