Short Interest in iShares GNMA Bond ETF (NASDAQ:GNMA) Rises By 74.0%

iShares GNMA Bond ETF (NASDAQ:GNMA) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 14,778 shares, a growth of 74.0% from the December 15th total of 8,495 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 30,401 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 30,401 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are sold short.

iShares GNMA Bond ETF Trading Up 0.1%

Shares of NASDAQ:GNMA traded up $0.05 during midday trading on Friday, reaching $44.67. The company had a trading volume of 13,591 shares, compared to its average volume of 54,326. The company has a fifty day simple moving average of $44.54 and a two-hundred day simple moving average of $44.28. iShares GNMA Bond ETF has a 1-year low of $42.55 and a 1-year high of $45.34.

iShares GNMA Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.1582 per share. The ex-dividend date of this dividend was Friday, December 19th. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.2%.

Hedge Funds Weigh In On iShares GNMA Bond ETF

Institutional investors have recently bought and sold shares of the stock. Advisory Services Network LLC acquired a new position in shares of iShares GNMA Bond ETF during the 3rd quarter valued at about $25,000. Twin Peaks Wealth Advisors LLC bought a new stake in iShares GNMA Bond ETF during the second quarter worth approximately $43,000. Smartleaf Asset Management LLC grew its holdings in iShares GNMA Bond ETF by 373.2% during the third quarter. Smartleaf Asset Management LLC now owns 1,183 shares of the company’s stock valued at $53,000 after purchasing an additional 933 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of iShares GNMA Bond ETF by 25.6% in the third quarter. Jones Financial Companies Lllp now owns 1,531 shares of the company’s stock valued at $68,000 after purchasing an additional 312 shares during the period. Finally, Hills Bank & Trust Co acquired a new position in iShares GNMA Bond ETF in the 2nd quarter valued at $101,000.

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.