iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Update

iShares GNMA Bond ETF (NASDAQ:GNMA) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 36,576 shares, a growth of 142.7% from the January 15th total of 15,071 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 30,754 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 30,754 shares, the short-interest ratio is presently 1.2 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Trading of iShares GNMA Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of GNMA. Focus Financial Network Inc. grew its holdings in shares of iShares GNMA Bond ETF by 0.7% during the 4th quarter. Focus Financial Network Inc. now owns 41,609 shares of the company’s stock worth $1,853,000 after acquiring an additional 309 shares during the period. Jones Financial Companies Lllp lifted its position in iShares GNMA Bond ETF by 25.6% during the third quarter. Jones Financial Companies Lllp now owns 1,531 shares of the company’s stock valued at $68,000 after buying an additional 312 shares during the period. Perigon Wealth Management LLC boosted its holdings in shares of iShares GNMA Bond ETF by 4.5% during the 3rd quarter. Perigon Wealth Management LLC now owns 8,606 shares of the company’s stock valued at $382,000 after buying an additional 367 shares in the last quarter. Park Avenue Securities LLC grew its position in shares of iShares GNMA Bond ETF by 1.1% in the 4th quarter. Park Avenue Securities LLC now owns 35,060 shares of the company’s stock worth $1,562,000 after buying an additional 373 shares during the period. Finally, Mariner LLC increased its stake in shares of iShares GNMA Bond ETF by 4.6% in the 3rd quarter. Mariner LLC now owns 10,183 shares of the company’s stock worth $452,000 after acquiring an additional 447 shares in the last quarter.

iShares GNMA Bond ETF Price Performance

Shares of GNMA stock traded up $0.11 during trading hours on Friday, reaching $45.02. The company’s stock had a trading volume of 11,515 shares, compared to its average volume of 39,327. iShares GNMA Bond ETF has a one year low of $42.55 and a one year high of $45.34. The firm’s fifty day simple moving average is $44.60 and its 200 day simple moving average is $44.44.

iShares GNMA Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.157 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.2%.

About iShares GNMA Bond ETF

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.