iShares GNMA Bond ETF (NASDAQ:GNMA) Stock Short Interest Report for October

iShares GNMA Bond ETF (NASDAQ:GNMA) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 6,793 shares, a growth of 123.8% from the September 30th total of 3,035 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 35,653 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On iShares GNMA Bond ETF

Several institutional investors have recently modified their holdings of the business. Ascent Group LLC bought a new position in shares of iShares GNMA Bond ETF during the 3rd quarter valued at $252,000. Vise Technologies Inc. purchased a new position in shares of iShares GNMA Bond ETF in the 3rd quarter worth $409,000. Payden & Rygel bought a new stake in shares of iShares GNMA Bond ETF in the third quarter worth $191,000. DMC Group LLC bought a new stake in shares of iShares GNMA Bond ETF in the third quarter worth $729,000. Finally, Park Avenue Securities LLC bought a new stake in shares of iShares GNMA Bond ETF in the third quarter worth $952,000.

iShares GNMA Bond ETF Stock Performance

GNMA stock traded up $0.24 during midday trading on Friday, hitting $43.00. The company’s stock had a trading volume of 36,336 shares, compared to its average volume of 40,575. iShares GNMA Bond ETF has a 12 month low of $41.31 and a 12 month high of $45.49. The firm’s 50-day moving average is $42.60 and its 200-day moving average is $43.85.

iShares GNMA Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.1662 dividend. This is an increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.1582. This represents a $1.99 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Thursday, October 1st.

iShares GNMA Bond ETF Company Profile

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.