iShares Government/Credit Bond ETF (NYSEARCA:GBF) Short Interest Up 53.5% in July

iShares Government/Credit Bond ETF (NYSEARCA:GBF) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 499 shares, an increase of 53.5% from the July 15th total of 325 shares. Based on an average daily volume of 12,902 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

iShares Government/Credit Bond ETF Price Performance

Shares of GBF opened at $101.93 on Tuesday. iShares Government/Credit Bond ETF has a one year low of $101.85 and a one year high of $106.43. The stock’s fifty day moving average is $102.90 and its 200-day moving average is $103.83.

Hedge Funds Weigh In On iShares Government/Credit Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Kestra Advisory Services LLC bought a new stake in shares of iShares Government/Credit Bond ETF during the 4th quarter worth about $41,000. Bank of Montreal Can boosted its holdings in shares of iShares Government/Credit Bond ETF by 170.9% in the fourth quarter. Bank of Montreal Can now owns 474 shares of the company’s stock valued at $50,000 after acquiring an additional 299 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of iShares Government/Credit Bond ETF by 262.2% in the fourth quarter. Farther Finance Advisors LLC now owns 1,043 shares of the company’s stock valued at $109,000 after acquiring an additional 755 shares in the last quarter. Bryn Mawr Trust Advisors LLC boosted its holdings in shares of iShares Government/Credit Bond ETF by 29.5% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 2,478 shares of the company’s stock valued at $259,000 after acquiring an additional 565 shares in the last quarter. Finally, Truist Financial Corp increased its stake in shares of iShares Government/Credit Bond ETF by 19.5% during the fourth quarter. Truist Financial Corp now owns 3,260 shares of the company’s stock valued at $341,000 after acquiring an additional 533 shares during the period.

iShares Government/Credit Bond ETF Company Profile

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.