iShares Government/Credit Bond ETF (NYSEARCA:GBF – Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 499 shares, an increase of 53.5% from the July 15th total of 325 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 12,902 shares, the days-to-cover ratio is currently 0.0 days.
iShares Government/Credit Bond ETF Trading Up 0.4%
Shares of GBF stock opened at $102.42 on Thursday. iShares Government/Credit Bond ETF has a 52-week low of $101.85 and a 52-week high of $106.43. The business’s fifty day moving average is $102.87 and its 200 day moving average is $103.79.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE grew its stake in iShares Government/Credit Bond ETF by 13.7% in the 3rd quarter. Bank of America Corp DE now owns 104,384 shares of the company’s stock worth $10,997,000 after buying an additional 12,565 shares in the last quarter. Destination Wealth Management lifted its holdings in shares of iShares Government/Credit Bond ETF by 4.9% during the 4th quarter. Destination Wealth Management now owns 201,384 shares of the company’s stock worth $21,085,000 after acquiring an additional 9,452 shares during the last quarter. Jane Street Group LLC grew its position 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 worth $3,812,000 after acquiring an additional 8,071 shares in the last quarter. Susquehanna International Group LLP increased its stake in iShares Government/Credit Bond ETF by 129.3% in the third quarter. Susquehanna International Group LLP now owns 11,172 shares of the company’s stock valued at $1,177,000 after acquiring an additional 6,299 shares during the last quarter. Finally, Beirne Wealth Consulting Services LLC raised its position in iShares Government/Credit Bond ETF by 24.9% during the first quarter. Beirne Wealth Consulting Services LLC now owns 15,576 shares of the company’s stock valued at $1,623,000 after purchasing an additional 3,109 shares in the last quarter.
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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