iShares Agency Bond ETF (NYSEARCA:AGZ) Shares Shorted: Short Interest Down 79.8% in October

iShares Agency Bond ETF (NYSEARCA:AGZ) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 7,969 shares, a decrease of 79.8% from the September 30th total of 39,392 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 35,163 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On iShares Agency Bond ETF

Large investors have recently made changes to their positions in the company. Bank of New York Mellon Corp grew its stake in shares of iShares Agency Bond ETF by 24.7% in the first quarter. Bank of New York Mellon Corp now owns 312,585 shares of the company’s stock worth $34,294,000 after purchasing an additional 61,831 shares in the last quarter. Keybank National Association OH boosted its holdings in shares of iShares Agency Bond ETF by 0.8% in the first quarter. Keybank National Association OH now owns 95,062 shares of the company’s stock valued at $10,429,000 after acquiring an additional 709 shares in the last quarter. Bank of America Corp DE increased its stake in shares of iShares Agency Bond ETF by 7.6% during the first quarter. Bank of America Corp DE now owns 65,696 shares of the company’s stock valued at $7,207,000 after acquiring an additional 4,622 shares during the period. Greenleaf Trust acquired a new position in shares of iShares Agency Bond ETF during the second quarter valued at approximately $5,153,000. Finally, PNC Financial Services Group Inc. raised its holdings in iShares Agency Bond ETF by 42.1% during the first quarter. PNC Financial Services Group Inc. now owns 38,608 shares of the company’s stock worth $4,236,000 after purchasing an additional 11,429 shares in the last quarter. Institutional investors and hedge funds own 9.74% of the company’s stock.

iShares Agency Bond ETF Stock Performance

Shares of AGZ stock opened at $107.06 on Tuesday. The business has a 50 day moving average of $107.42 and a two-hundred day moving average of $108.97. iShares Agency Bond ETF has a 52 week low of $105.96 and a 52 week high of $110.99.

iShares Agency Bond ETF Company Profile

THE ISHARES BARCLAYS AGENCY BOND FUND seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the agency sector of the U.S. government bond market as defined by the Barclays Capital U.S. Agency Index.