iShares Government/Credit Bond ETF (NYSEARCA:GBF) Short Interest Update

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 20,502 shares, an increase of 2,106.9% from the May 14th total of 929 shares. Approximately 1.8% of the company’s shares are sold short. Based on an average daily trading volume, of 9,479 shares, the short-interest ratio is presently 2.2 days.

Institutional Trading of iShares Government/Credit Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Destination Wealth Management increased its holdings in iShares Government/Credit Bond ETF by 4.9% in the 4th quarter. Destination Wealth Management now owns 201,384 shares of the company’s stock valued at $21,085,000 after purchasing an additional 9,452 shares in the last quarter. Bank of America Corp DE boosted its position in shares of iShares Government/Credit Bond ETF by 3.4% in the first quarter. Bank of America Corp DE now owns 113,610 shares of the company’s stock worth $11,835,000 after buying an additional 3,776 shares during the period. JPMorgan Chase & Co. grew its stake in shares of iShares Government/Credit Bond ETF by 4.5% in the third quarter. JPMorgan Chase & Co. now owns 93,387 shares of the company’s stock valued at $9,839,000 after buying an additional 4,051 shares in the last quarter. Jane Street Group LLC grew its stake in shares of 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 buying an additional 8,071 shares in the last quarter. Finally, Keybank National Association OH raised its holdings in shares of iShares Government/Credit Bond ETF by 0.5% during the 1st quarter. Keybank National Association OH now owns 27,390 shares of the company’s stock valued at $2,853,000 after buying an additional 140 shares during the period.

iShares Government/Credit Bond ETF Price Performance

GBF traded up $0.25 during trading on Tuesday, hitting $103.16. 2,038 shares of the company’s stock were exchanged, compared to its average volume of 6,609. iShares Government/Credit Bond ETF has a 1 year low of $101.85 and a 1 year high of $106.43. The stock has a 50 day moving average price of $103.76 and a 200 day moving average price of $104.60.

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.