iShares Government/Credit Bond ETF (NYSEARCA:GBF) Sees Large Increase in Short Interest

iShares Government/Credit Bond ETF (NYSEARCA:GBF) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 2,324 shares, a growth of 1,142.8% from the January 29th total of 187 shares. Based on an average trading volume of 6,356 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 6,356 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On iShares Government/Credit Bond ETF

Large investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC lifted its position in iShares Government/Credit Bond ETF by 274.0% in the third quarter. Farther Finance Advisors LLC now owns 288 shares of the company’s stock valued at $30,000 after purchasing an additional 211 shares during the last quarter. United Financial Planning Group LLC bought a new stake in iShares Government/Credit Bond ETF during the 3rd quarter valued at $38,000. Kestra Advisory Services LLC purchased a new stake in iShares Government/Credit Bond ETF during the 4th quarter valued at $41,000. Bank of Montreal Can boosted its position in iShares Government/Credit Bond ETF by 170.9% during the 4th quarter. Bank of Montreal Can now owns 474 shares of the company’s stock valued at $50,000 after buying an additional 299 shares during the period. Finally, First National Trust Co purchased a new position in shares of iShares Government/Credit Bond ETF in the second quarter valued at about $209,000.

iShares Government/Credit Bond ETF Stock Performance

NYSEARCA GBF traded down $0.05 on Wednesday, hitting $105.96. The stock had a trading volume of 17,078 shares, compared to its average volume of 4,059. The firm has a 50-day moving average of $105.14 and a 200-day moving average of $105.22. iShares Government/Credit Bond ETF has a 52-week low of $100.46 and a 52-week high of $106.43.

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.