iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Up 86.0% in June

iShares GNMA Bond ETF (NASDAQ:GNMA) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 8,548 shares, a growth of 86.0% from the June 15th total of 4,595 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 18,446 shares, the short-interest ratio is currently 0.5 days.

iShares GNMA Bond ETF Price Performance

Shares of iShares GNMA Bond ETF stock remained flat at $43.88 during trading hours on Friday. The company’s stock had a trading volume of 14,307 shares, compared to its average volume of 32,193. iShares GNMA Bond ETF has a one year low of $43.18 and a one year high of $45.49. The company’s 50-day moving average is $44.06 and its two-hundred day moving average is $44.41.

iShares GNMA Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.1576 per share. This represents a c) annualized dividend and a yield of 4.3%. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Wednesday, July 1st.

Institutional Trading of iShares GNMA Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Focus Financial Network Inc. increased its stake in shares of iShares GNMA Bond ETF by 0.7% during the 4th quarter. Focus Financial Network Inc. now owns 41,609 shares of the company’s stock valued at $1,853,000 after acquiring an additional 309 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of iShares GNMA Bond ETF by 74.9% in the first quarter. EverSource Wealth Advisors LLC now owns 796 shares of the company’s stock worth $35,000 after acquiring an additional 341 shares during the last quarter. Park Avenue Securities LLC boosted its position in shares of iShares GNMA Bond ETF by 1.1% in the fourth quarter. Park Avenue Securities LLC now owns 35,060 shares of the company’s stock worth $1,562,000 after acquiring an additional 373 shares during the last quarter. Mariner LLC grew its holdings in iShares GNMA Bond ETF by 4.6% in the third quarter. Mariner LLC now owns 10,183 shares of the company’s stock valued at $452,000 after purchasing an additional 447 shares during the period. Finally, Betterment LLC grew its holdings in iShares GNMA Bond ETF by 5.5% in the fourth quarter. Betterment LLC now owns 9,039 shares of the company’s stock valued at $403,000 after purchasing an additional 470 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.