iShares Government/Credit Bond ETF (NYSEARCA:GBF – Get Free Report) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 2,324 shares, an increase of 1,142.8% from the January 29th total of 187 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 6,356 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 6,356 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are short sold.
Hedge Funds Weigh In On iShares Government/Credit Bond ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. D L Carlson Investment Group Inc. acquired a new stake in iShares Government/Credit Bond ETF during the second quarter worth approximately $1,963,000. Bank of America Corp DE lifted its position in iShares Government/Credit Bond ETF by 13.7% in the third quarter. Bank of America Corp DE now owns 104,384 shares of the company’s stock valued at $10,997,000 after acquiring an additional 12,565 shares during the last quarter. Destination Wealth Management lifted its position in iShares Government/Credit Bond ETF by 4.9% in the fourth quarter. Destination Wealth Management now owns 201,384 shares of the company’s stock valued at $21,085,000 after acquiring an additional 9,452 shares during the last quarter. Jane Street Group LLC boosted its stake in iShares Government/Credit Bond ETF by 28.3% in the first quarter. Jane Street Group LLC now owns 36,600 shares of the company’s stock valued at $3,812,000 after acquiring an additional 8,071 shares in the last quarter. Finally, Susquehanna International Group LLP grew its holdings in shares of iShares Government/Credit Bond ETF by 129.3% during the third quarter. Susquehanna International Group LLP now owns 11,172 shares of the company’s stock worth $1,177,000 after purchasing an additional 6,299 shares during the last quarter.
iShares Government/Credit Bond ETF Trading Down 0.0%
NYSEARCA:GBF opened at $105.96 on Thursday. The stock has a fifty day moving average price of $105.14 and a 200 day moving average price of $105.22. iShares Government/Credit Bond ETF has a 12-month low of $100.46 and a 12-month high of $106.43.
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.
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