Short Interest in iShares Government/Credit Bond ETF (NYSEARCA:GBF) Drops By 89.5%

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 665 shares, a decrease of 89.5% from the April 15th total of 6,357 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 10,524 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of iShares Government/Credit Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GBF. Bank of America Corp DE increased its holdings in iShares Government/Credit Bond ETF by 13.7% in 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 during the period. Destination Wealth Management increased its holdings in iShares Government/Credit Bond ETF by 4.9% in the fourth 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 during the period. Jane Street Group LLC increased its holdings 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 valued at $3,812,000 after purchasing an additional 8,071 shares during the period. Susquehanna International Group LLP increased its holdings 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 purchasing an additional 6,299 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in 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 purchasing an additional 4,051 shares during the period.

iShares Government/Credit Bond ETF Stock Performance

NYSEARCA GBF traded down $0.02 on Wednesday, reaching $103.42. The company had a trading volume of 188 shares, compared to its average volume of 6,499. iShares Government/Credit Bond ETF has a fifty-two week low of $101.85 and a fifty-two week high of $106.43. The business has a 50 day moving average of $104.20 and a two-hundred day moving average of $104.90.

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.