Short Interest in iShares Government/Credit Bond ETF (NYSEARCA:GBF) Expands By 200.7%

iShares Government/Credit Bond ETF (NYSEARCA:GBF) saw a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,745 shares, an increase of 200.7% from the February 26th total of 913 shares. Based on an average daily trading volume, of 9,932 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares Government/Credit Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of GBF. Farther Finance Advisors LLC raised its position in shares of iShares Government/Credit Bond ETF by 274.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 288 shares of the company’s stock worth $30,000 after purchasing an additional 211 shares during the period. United Financial Planning Group LLC bought a new stake in shares of iShares Government/Credit Bond ETF in the 3rd quarter worth approximately $38,000. Kestra Advisory Services LLC acquired a new position in iShares Government/Credit Bond ETF during the 4th quarter valued at approximately $41,000. Bank of Montreal Can boosted its position in iShares Government/Credit Bond ETF by 170.9% during the 4th quarter. Bank of Montreal Can now owns 474 shares of the company’s stock valued at $50,000 after purchasing an additional 299 shares during the period. Finally, Bryn Mawr Trust Advisors LLC grew its stake in iShares Government/Credit Bond ETF by 29.5% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 2,478 shares of the company’s stock worth $259,000 after buying an additional 565 shares during the last quarter.

iShares Government/Credit Bond ETF Trading Down 0.2%

Shares of NYSEARCA GBF traded down $0.20 during midday trading on Friday, hitting $103.25. The company’s stock had a trading volume of 422 shares, compared to its average volume of 6,236. iShares Government/Credit Bond ETF has a 1-year low of $100.46 and a 1-year high of $106.43. The firm’s fifty day moving average price is $105.02 and its 200-day moving average price is $105.26.

About iShares Government/Credit Bond ETF

iShares Government/Credit Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States dollar-denominated government, government-related and investment-grade the United States corporate bonds. The Fund seeks to track the investment results of the Barclays U.S. Government/Credit Bond Index (the Underlying Index), which measures the performance of the United States dollar-denominated United States Treasury bonds, government-related bonds (i.e., the United States and foreign agencies, sovereign, supranational and local authority debt) and investment-grade United States corporate bonds, which have a remaining maturity of greater than or equal to one year.