iShares Government/Credit Bond ETF (NYSEARCA:GBF) Short Interest Up 1,335.7% in June

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 8,126 shares, a growth of 1,335.7% from the June 15th total of 566 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 5,231 shares, the days-to-cover ratio is presently 1.6 days.

Hedge Funds Weigh In On iShares Government/Credit Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in GBF. Bank of America Corp DE increased its stake in shares of iShares Government/Credit Bond ETF by 13.7% during the third quarter. Bank of America Corp DE now owns 104,384 shares of the company’s stock valued at $10,997,000 after purchasing an additional 12,565 shares in the last quarter. Destination Wealth Management increased its holdings in shares of iShares Government/Credit Bond ETF by 4.9% during 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 in the last quarter. Jane Street Group LLC raised its position in shares of iShares Government/Credit Bond ETF by 28.3% in the 1st quarter. Jane Street Group LLC now owns 36,600 shares of the company’s stock worth $3,812,000 after purchasing an additional 8,071 shares during the last quarter. Susquehanna International Group LLP raised its position in shares of iShares Government/Credit Bond ETF by 129.3% in the 3rd 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. Finally, JPMorgan Chase & Co. boosted its stake in iShares Government/Credit Bond ETF by 4.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 93,387 shares of the company’s stock worth $9,839,000 after purchasing an additional 4,051 shares in the last quarter.

iShares Government/Credit Bond ETF Stock Down 0.2%

Shares of iShares Government/Credit Bond ETF stock traded down $0.17 during trading on Friday, hitting $102.80. The company’s stock had a trading volume of 17,627 shares, compared to its average volume of 7,086. The company has a fifty day simple moving average of $103.43 and a two-hundred day simple moving average of $104.31. iShares Government/Credit Bond ETF has a 52 week low of $101.85 and a 52 week high of $106.43.

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.