iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Down 87.0% in February

iShares GNMA Bond ETF (NASDAQ:GNMA) was the recipient of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 4,748 shares, a decline of 87.0% from the January 29th total of 36,576 shares. Based on an average daily volume of 28,797 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 28,797 shares, the days-to-cover ratio is currently 0.2 days.

iShares GNMA Bond ETF Trading Down 0.1%

Shares of GNMA stock opened at $45.11 on Thursday. iShares GNMA Bond ETF has a 12 month low of $42.55 and a 12 month high of $45.49. The business’s 50 day moving average is $44.69 and its two-hundred day moving average is $44.52.

iShares GNMA Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.157 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Trading of iShares GNMA Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC bought a new position in iShares GNMA Bond ETF in the 3rd quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of iShares GNMA Bond ETF in the second quarter worth $43,000. Smartleaf Asset Management LLC increased its position in iShares GNMA Bond ETF by 373.2% during the third quarter. Smartleaf Asset Management LLC now owns 1,183 shares of the company’s stock worth $53,000 after acquiring an additional 933 shares during the period. Jones Financial Companies Lllp raised its stake in iShares GNMA Bond ETF by 25.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,531 shares of the company’s stock valued at $68,000 after purchasing an additional 312 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its holdings in iShares GNMA Bond ETF by 83.2% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,142 shares of the company’s stock valued at $95,000 after purchasing an additional 973 shares during the period.

About iShares GNMA Bond ETF

The iShares GNMA Bond ETF (GNMA) is an exchange-traded fund that is based on the Bloomberg U.S. GNMA Bond index. The fund tracks a market-value-weighted index of US mortgage pass-through securities issued by Government National Mortgage Association (GNMA), with 30- or 15-year maturities. GNMA was launched on Feb 14, 2012 and is managed by BlackRock.