iShares Government/Credit Bond ETF (NYSEARCA:GBF) Short Interest Down 60.7% in February

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the recipient of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 913 shares, a decrease of 60.7% from the February 12th total of 2,324 shares. Based on an average daily volume of 12,036 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 12,036 shares, the short-interest ratio is currently 0.1 days.

iShares Government/Credit Bond ETF Price Performance

Shares of NYSEARCA GBF opened at $104.99 on Wednesday. The company’s fifty day moving average is $105.24 and its 200-day moving average is $105.31. iShares Government/Credit Bond ETF has a twelve month low of $100.46 and a twelve month high of $106.43.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Destination Wealth Management grew its stake 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 acquiring an additional 9,452 shares during the period. Bank of America Corp DE raised its position in shares of iShares Government/Credit Bond ETF by 13.7% during the third quarter. Bank of America Corp DE now owns 104,384 shares of the company’s stock worth $10,997,000 after purchasing an additional 12,565 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares Government/Credit Bond ETF by 4.5% during the third quarter. JPMorgan Chase & Co. now owns 93,387 shares of the company’s stock worth $9,839,000 after purchasing an additional 4,051 shares during the period. Jane Street Group LLC lifted its holdings in shares of iShares Government/Credit Bond ETF by 28.3% during the 1st 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 in the last quarter. Finally, Keybank National Association OH grew its position in shares of iShares Government/Credit Bond ETF by 12.0% in the 3rd quarter. Keybank National Association OH now owns 30,402 shares of the company’s stock valued at $3,203,000 after purchasing an additional 3,263 shares during the period.

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.