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

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 8,126 shares, a growth of 1,335.7% from the June 15th total of 566 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 5,231 shares, the short-interest ratio is presently 1.6 days.

iShares Government/Credit Bond ETF Price Performance

iShares Government/Credit Bond ETF stock traded down $0.17 during mid-day trading on Friday, reaching $102.80. 17,627 shares of the company’s stock were exchanged, compared to its average volume of 7,086. iShares Government/Credit Bond ETF has a twelve month low of $101.85 and a twelve month high of $106.43. The company has a fifty day moving average of $103.43 and a 200-day moving average of $104.31.

Institutional Trading of iShares Government/Credit Bond ETF

A number of large investors have recently modified their holdings of GBF. United Financial Planning Group LLC purchased a new position in iShares Government/Credit Bond ETF in the third quarter valued at $38,000. Kestra Advisory Services LLC purchased a new stake in iShares Government/Credit Bond ETF during the 4th quarter worth about $41,000. Bank of Montreal Can raised its position in iShares Government/Credit Bond ETF by 170.9% in the 4th quarter. Bank of Montreal Can now owns 474 shares of the company’s stock valued at $50,000 after purchasing an additional 299 shares in the last quarter. Farther Finance Advisors LLC raised its position in iShares Government/Credit Bond ETF by 262.2% in the 4th quarter. Farther Finance Advisors LLC now owns 1,043 shares of the company’s stock valued at $109,000 after purchasing an additional 755 shares in the last quarter. Finally, Bryn Mawr Trust Advisors LLC boosted its stake in shares of iShares Government/Credit Bond ETF by 29.5% in the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 2,478 shares of the company’s stock valued at $259,000 after buying an additional 565 shares during the period.

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.